Bina Ekonomi merupakan jurnal ilmiah yang terbit dua kali dalam setahun. Jurnal ini mewadahi karya tulis akademik hasil penelitian literatur maupun lapangan di bidang Ilmu Ekonomi, Manajemen, dan Akuntansi, yang diharapkan dapat memberi sumbangan pemahaman maupun alternatif solusi masalah ekonomi yang ada. Bina Ekonomi bekerja sama dengan Institut Akuntan Manaiemen Indonesia (IAMI), yaitu asosiasi profesi akuntan manajemen untuk mempublikasikan artikel ilmiah yang diajukan oleh IAMI Redaksi Bina Ekonomi akan menelaah (review) artikel untuk menentukan apakah artikel tersebut layak diteruskan ke proses selanjutnya. Hasil penelaahan oleh Redaksi Bina Ekonomi akan menghasilkan tiga kemungkinan: layak diteruskan atau layak diteruskan jika dilengkapi/diperbaiki atau tidak layak diteruskan, ke proses selanjutnya. Pedoman penulisan naskah : click here Template penulisan naskah : click here Surat pernyataan pengalihan hak cipta : click here Pernyataan Etika : click here
Center for Economic Studies Universitas Katolik Parahyangan
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EFEK DIGITALISASI TERHADAP PERTUMBUHAN EKONOMI DI INDONESIA
This study examines the impact of digitalization on Indonesia's economic growth from 2000 to 2022 using the Ordinary Least Squares (OLS) method. The research includes variables such as the digitalization index, labor force participation, foreign direct investment (FDI), domestic investment (DI), and education (mean years of schooling). The findings reveal that digitalization and FDI significantly and positively affect Indonesia's GDP, indicating the pivotal role of technology adoption and international capital flows in economic expansion. Conversely, education exhibits a significant negative effect, suggesting possibly indicating a mismatch between educational output and labor market needs. Meanwhile, labor force participation and domestic investment show no significant effect on growth. These results highlight the need for strategic improvements in digital infrastructure, educational quality, and investment policy to enhance the inclusiveness and sustainability of economic development in the digital era. The study concludes that while digitalization and FDI are key drivers of growth, optimizing their benefits requires coordinated policy support, particularly in workforce development and local investment ecosystems.
Digitalization, Economic Growth, Foreign Direct Investment, Domestic Investment, Labor, Education, Indonesia.
Copyright (c) 2025 Farhan Syakir Syabiansah
DAMPAK ESG DAN KINERJA KEUANGAN TERHADAP NILAI PERUSAHAAN, DIMODERASI KEPEMILIKAN ASING
ESG dimensions and recognizing the strategic role of foreign ownership in shaping market perceptions. This study aims to examine the effect of Environmental, Social, and Governance (ESG) scores and financial performance on value of the firm, and to assess the moderating role of foreign ownership in Indonesian capital market. The sample consists of 80 publicly listed companies in Indonesia Capital Market that have ESG scores available for the period 2021 to 2023. Firm valuation is measured by Price to Book Value (PBV), while the independent variables include Current Ratio (CR), Debt to Equity Ratio (DER), Return on Assets (ROA), and ESG components: Environmental Score (ENV), Social Score (SOC), and Governance Score (GOV), along with the aggregated ESG Score. The analysis was conducted using EViews-13 and panel data regression models, including both Fixed Effect and Moderated Regression Analysis. The findings indicate that ROA, ENV, SOC, and GOV scores have a positive and significant effect on firm value. Interestingly, the aggregated ESG Score shows a significant negative effect on PBV, suggesting possible distortion when sustainability dimensions are not assessed individually. CR has a negative significant effect, while DER shows a positive significant effect before moderation. After including foreign ownership as a moderating variable, the influence of CR, DER, and ESG Score becomes statistically insignificant, indicating that foreign investors tend to neutralize the effect of liquidity, leverage, and overall ESG disclosures. This study highlights the importance of disaggregating
Foreign Ownership, Financial Performance, ESG Score, Value of The Firm.
Copyright (c) 2025 Elizabeth Lucky Maretha Sitinjak, Yusni Warastuti, Y. Wisnu Djati Sasmito
HOW DO SUSTAINABILITY AND SIZE SUPPORT HOTEL PERFORMANCE? A STUDY IN INDONESIA
Hotels are one of the sectors that consume a tremendous amount of resources within the tourism industry. Therefore, sustainability becomes one of the concerns that needs to be taken care of. One way to communicate sustainability practices is through a Sustainability Report (SR). Previous studies on how SR affects a company’s performance show inconsistent results. Some also show that other financial factors may determine hotel companies’ performance. This research aims to analyze the effect of SR, liquidity, and firm size on Indonesian hotel companies’ performance during 2020-2022. The data is gathered through annual reports and SR published on the Indonesia Stock Exchange (BEI) website. The analysis is done through descriptive statistics and multiple regression. Statistics show that SR reporting in Indonesian hotel companies is less prevalent. Regression results show that SR, liquidity, and firm size simultaneously and positively influence performance, while partially only firm size positively affects performance. In other words, SR and liquidity should be combined with excellent firm size to impact performance positively.
firm size; liquidity; performance; sustainability report
Copyright (c) 2025 Chris Petra Agung, Teresia Debby, Chatherine Melinda
PENGARUH TOTAL PEMBIAYAAN, NPF, DAN BOPO TERHADAP LABA BANK UMUM SYARIAH PERIODE 2019-2023
The increase in profits is one of the factors to strengthen the market share position of Islamic banks. The increase in profit depends on the bank's activities themselves, both from financing which is the main source of income for the bank and from its operational implementation. The purpose of this study is to be able to know the effect of total financing, Non Performing Financing (NPF), and operational efficiency (BOPO) on the net profit of the Sharia General Bank (BUS). Data analysis was in the form of panel data regression analysis using annual data 2019-2023 using 6 BUS samples through purposive sampling techniques. The results shown through this study are that partially total financing has a positive influence while NPF and BOPO have a negative effect on net profit. Simultaneously, this study shows that total financing, NPF, and BOPO affect the net profit of Sharia Commercial Banks..
PERAN LEVERAGE DALAM HUBUNGAN ANTARA INTENSITAS MODAL, INTENSITAS PERSEDIAAN DAN PENGHINDARAN PAJAK
Tax revenues represent the primary source of government income in Indonesia, with corporate income tax contributing significantly to the State Budget (APBN). However, the increase in tax realization often does not correspond to the nation’s tax potential, partly due to corporate tax avoidance practices. This study aims to analyze the effect of capital and inventory intensity on tax avoidance, with leverage as a moderating variable, in non-cyclical consumer sector companies listed on the Indonesia Stock Exchange (IDX) during the 2020-2023 period. This sector was selected due to its relatively stable characteristics against changes in economic cycles and its capital-intensive nature in supporting operational activities. This study uses 132 firm-year observations obtained from the companies' annual financial reports. The analysis was conducted using a panel data regression method and a fixed-effects model. The results show that capital intensity positively affects tax avoidance, meaning that the higher the proportion of fixed assets in a company's asset structure, the greater the opportunity for management to engage in tax planning through depreciation policies and operational cost classification. Conversely, inventory intensity does not significantly influence tax avoidance, as inventory value better represents supply chain efficiency and production stability than fiscal strategy. Furthermore, leverage is not proven to moderate the relationship between capital intensity and inventory intensity with tax avoidance, indicating that debt-based funding structures do not influence tax avoidance behavior in stable sector companies such as non-cyclical consumer sectors. These findings strengthen empirical evidence that fixed asset structure is a key determinant of corporate tax planning practices. At the same time, debt use plays a greater role in supporting long-term productive investments. The policy implications of this study emphasize the importance of fiscal oversight of asset-intensive companies by the Directorate General of Taxes (DGT), as well as the need for the Financial Services Authority (OJK) to promote greater transparency in tax policy disclosures in annual reports and corporate sustainability reports.
fixed asset; inventory; leverage; tax avoidance
Copyright (c) 2014 Nural Achmad Raainaa, Amrie Firmansyah
TRANSFORMASI DIGITAL, KETIMPANGAN PENDAPATAN, DAN KRIMINALITAS DI INDONESIA: SEBUAH KAJIAN EMPIRIS
The rapid development of digital technology has become a key force in transforming various aspects of life, such as accelerating information access, enhancing economic efficiency, and creating new opportunities. However, this transformation also brings challenges, particularly regarding the unequal distribution of income. Limited access to digital technology can exacerbate income inequality, where only a small portion of the population fully optimizes its benefits while others are left behind. Income inequality, as reflected in the Gini index, indicates an increasingly unequal income distribution and potentially elevates crime rates. This study analyzes the impact of income inequality on crime in the era of digital transformation using a random effect model and panel data from 34 provinces in Indonesia from 2010 to 2022. The findings show that income inequality has a significant positive effect on crime growth, meaning that the greater the income disparity, the higher the crime growth. The interaction between income inequality and internet usage shows a significant negative effect, indicating that a more equitable distribution of digital technology can reduce the impact of income inequality on crime. Additionally, the human development index has a significant positive effect, while the COVID-19 dummy variable has a significant negative effect on crime growth.
Digital Transformation; Income Inequality; Crime
SUPPLIER SELECTION USING AHP-TOPSIS: CASE STUDY IN TAIGERSPRUNG RESTAURANT
The Taigersprung restaurant in Yogyakarta, operating in the food and beverage industry, plans to expand after two years of establishment. To meet the needs of the new branch, the restaurant needs to increase production but faces obstacles such as fluctuating raw material prices and issues with shrimp suppliers that do not meet quality standards. The restaurant aims to add shrimp suppliers by evaluating several potential ones. The lack of a structured supplier evaluation method makes choosing the best supplier challenging for the restaurant. This research aims to identify criteria for selecting shrimp suppliers and finding the best one. Through interviews with the restaurant owner and literature studies, the research utilizes the Analytical Hierarchy Process (AHP) and the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) methods. The research results indicate that quality criteria are the top priority in selecting shrimp suppliers, followed by price, delivery, service, and flexibility. Based on TOPSIS calculations, supplier B becomes the restaurant's top priority for collaboration.
Supplier, Supplier Selection, AHP, TOPSIS
ANALISIS EKONOMI, SOSIAL DEMOGRAFI DAN LINGKUNGAN DARI FOOD LOSS/ WASTE (FLW) DI INDONESIA
Food waste, also known as food loss/waste (FLW), is an important issue in Indonesia due to its huge impact on food security, the economy, and the environment. Almost half (41.7 percent) of waste in Indonesia comes from food waste, making the country the second largest contributor to food waste globally. Each individual contributes to an average of 300kg of food waste annually in Indonesia. This analysis aims to understand the economic and socio-demographic dimensions associated with FLW in Indonesia. The study analyzed panel data in Indonesia from 34 provinces over 4 years (2019-2022) using quadratic regression models and Ordinary Least Square (OLS) estimation methods. The analysis found that GRDP per capita, Consumer Price Index (CPI), population aged 15-64 years, and population aged over 65 years had a significant effect on FLW per capita in Indonesia over the period 2019-2022. In Indonesia, there is no significant influence between the variables of average monthly per capita expenditure on food, the proportion of male and female population, and average years of schooling on per capita food waste generation. The peak point shows that the maximum value of FLW per capita is around 40.85kg/capita/year at the level of GRDP per capita of IDR 89,296,130/capita/year. This research opens up opportunities for further studies on other factors contributing to FLW in Indonesia such as psychological, environmental, and cultural.
: Food Loss/Waste, FLW, Economic, Socio-Demographic, Panel Data, SDGs
Copyright (c) 2025 Neli Nurhasanah, Budiono Budiono, Wawan Hermawan
DAMPAK PERANG RUSIA-UKRAINA TERHADAP REAKSI PASAR MODAL DAN KINERJA SAHAM SUBSEKTOR FOOD AND BEVEREGE
Perang Rusia-Ukraina memberikan dampak atau dampak yang luas dan besar terhadap perekonomian global dengan indikasi penurunan nilai ekspor, kenaikan harga minyak kelapa sawit dan kenaikan harga gandum. Penelitian ini bertujuan untuk membuktikan secara empiris perbedaan reaksi pasar modal yang diukur dengan abnormal return dan kinerja saham yang diukur dengan return aktual pada subsektor makanan dan minuman yang terdaftar di Bursa Efek Indonesia akibat perang Rusia-Ukraina. Metode analisis yang digunakan adalah event study dengan window period 21 hari yaitu 10 hari sebelum dan 10 hari setelah peristiwa. Sampel yang digunakan sebanyak 17 perusahaan yang memenuhi kriteria sampel. Data diolah menggunakan metode uji t sampel berpasangan dengan menggunakan SPSS 26 for Windows . Hasil penelitian menunjukkan bahwa terdapat perbedaan yang signifikan reaksi pasar yang diukur dengan abnormal return dan kinerja pasar yang diukur dengan return aktual pada perusahaan subsektor makanan dan minuman yang terdaftar di Bursa Efek Indonesia sebelum dan sesudah perang Rusia-Ukraina.
ESTIMASI INVESTASI DAN IMPLIKASINYA TERHADAP PERTUMBUHAN EKONOMI PROVINSI RIAU
Economic growth is closely related to investment. Economic growth in Riau Province is still relatively low with high and fluctuating investment. Although investment levels continue to increase, economic growth is not always commensurate. This shows the potential for inefficiency in the allocation and use of investment. This study aims to analyze the value of ICOR and its efficiency needed in 2024-2026 and the relationship between investment and economic growth in Riau province. The method used descriptive quantitative methodology with secondary data in the form of time series. The analytical tools used are Incremental Capital Output Ratio (ICOR) analysis and Vector Error Correction Model (VECM). From the research results, it was found that the average ICOR value of Riau is still high, which is more than 3-4, indicating that investment in Riau Province is still not efficient. Investment needs in 2024-2026 have increased along with the amount of economic growth targets that have increased. The long-term causal relationship between investment and economic growth in Riau Province only goes in one direction, namely investment towards economic growth and not vice versa. Inefficient investment is related to Riau’s poor infrastructure in the region.
: Investment Needs; Economic Growth; Incremental Capital Output Ratio (ICOR)
Copyright (c) 2025 Kusuma Ulinni’mah, Jihad Lukis Panjawa, Fitrah Sari Islami, Yustirania Septiani
REGIONAL GENDER DISPARITIES IN INDONESIA: A COMPARATIVE
Indonesia’s socio-economic landscape is a tapestry woven from historical legacies, cultural norms, and dynamic economic forces. At the heart of this mosaic lies Java, the most populous and economically advanced island, often serving as a developmental benchmark. However, prosperity does not flow uniformly across the archipelago. Sumatra, Bali, Sulawesi, and Kalimantan—each with its unique context-grapple with gender-related challenges that shape the lives of their inhabitants. By dissecting these regional disparities, we uncover the intricate interplay of factors influencing gender outcomes. Our investigation relies on data extracted from the 2023 Sakernas survey. We hone in on critical indicators of gender disparities: work hours, income discrepancies, educational access, and social safety nets. Employing a descriptive and typological lens, we juxtapose these indicators across the five islands. This method allows us to discern patterns, outliers, and distinctive features specific to each region. Our research serves a dual purpose: it enriches academic discourse and informs policy formulation. By spotlighting the variations in gender inequities, we pave the way for targeted interventions. Policymakers can leverage these insights to tailor programs that address the unique hurdles faced by women and men in different locales. Moreover, our findings contribute brushstrokes to a more nuanced portrait of Indonesia’s socio-economic fabric-one that transcends mere statistical aggregates and delves into the intricate brushwork of gender dynamics.
Gender disparities, regional variations, socio-economic outcomes, Indonesia, Sakernas survey, policy interventions
MASA DEPAN ENERGI DAN EKONOMI: SEBUAH KAJIAN KONSUMSI ENERGI DI INDONESIA
This research depends on the understanding of the role of energy in economic development, emphasizing its classification as a resource or, more succinctly, as a form of capital in the production sector. The study focuses on the Indonesian economy from 1990 to 2022, aiming to comprehensively analyze the relationship and impact of both non-renewable and renewable energy sources on the economy. The analytical methodology employed in this research includes Granger causality tests and the Error Correction Model (ECM) to unveil the contribution of energy to the economy. The research findings explicate that the relationship originates from the energy sector, subsequently influencing the economy. Currently, non-renewable energy continues to play a crucial role in economic development, based on various implications of ongoing plans, regulations, and policies. However, this does not preclude the possibility that renewable energy will assume a pivotal role in the future.
PREDICTING EMPLOYEE PERFORMANCE FROM THE PERSPECTIVE OF COMMUNICATION: THE MODERATING ROLE OF EMPLOYEE MOTIVATION
The development of the hospitality industry is strongly linked to employee performance. It is essential for every employee to achieve good performance for the hotel's major goals to be met. Employee performance can be influenced by the way they communicate and is related to their motivation. On the TripAdvisor website, there have been complaints from guests regarding employee performance or services. The purpose of this research is to determine the influence of communication on employee performance with the moderation of employee motivation at The Apurva Kempinski Bali. This research uses a quantitative approach. Data collection was carried out by distributing questionnaires with the research population being all employees who work at The Apurva Kempinski Bali. Sample of 70 people was collected using the simple random sampling technique. The data was analyzed using the statistical software PLS SEM 4.0. As a result, both hypotheses are accepted. Communication influences employee performance positively, and employee motivation moderates the relationship between communication and employee performance positively. Both hypotheses result in a significant relationship. Since the relationship between communication and employee performance is quite strong, therefore, the management of Apurva Kempinski Bali is recommended to maintain its communication efforts by emphasizing two-way communication, whether verbally or in writing.
Communication, Employee Performance, Employee Motivation, The Apurva Kempinski Bali
EFFECTS OF FISCAL REDISTRIBUTION ON GENDER DEVELOPMENT IN INDONESIA: AN ANALYSIS OF THE CHARACTERISTICS OF FISCAL ACCEPTANCE
Indonesia is still ranked 104th in the world in terms of gender development and is below other ASEAN countries namely Singapore, Malaysia, Viet Nam, and the Philippines. The purpose of this study is to analyze how fiscal redistribution influences gender development through different characteristics in each fiscal revenue with the GMM method. The results show that Gross Regional Domestic Product is influenced by Locally-Generated Revenue, General Allocation Fund, and Tax Sharing. While Specific Allocation Fund and Natural Resources Revenue Sharing worsen Gross Regional Domestic Product. But in the long run, all the effects that worsen Gross Regional Domestic Product are corrected and have an impact on increasing Gross Regional Domestic Product in Indonesia. Then Gender Development Index is influenced by Gross Regional Domestic Product, Locally-Generated Revenue, and General Allocation Fund, while the role of Specific Allocation Fund and Tax Sharing worsens Gender Development Index but in the long run, will increase and increase Gender Development Index. The different types of fiscal revenues also influence the Gender Development Index response as a consequence of the unique characteristics of each fiscal revenue variable. Our suggestion is that local tax sources paid to the center allocated through the balance fund need to consider gender aspects.
fiscal redistribution, fiscal receipt, gender development, GMM
PENGARUH INFRASTRUKTUR E-SPORTS TERHADAP PERTUMBUHAN EKONOMI NEGARA ASIA TENGGARA
This research discusses the influence of infrastructure as a supporting factor for economic growth in Southeast Asian countries. This research uses a quantitative approach with data collection techniques through literature study. The data used is from 2016 to 2022. The independent variable data used in this research are: Number of Mobile Legends Players, Number of Mobile Legends Venues and Information and Communication Technology Development Index in Southeast Asian Countries. Then the dependent variable is National Income in Southeast Asian Countries. The research results show that the number of players variable has a significant effect on national income, the number of venues has no significant effect on national income, and the information and communication technology development index variable has a significant effect on the national income variable. Then, if viewed simultaneously, the variables number of players, number of venues and the information and communication technology development index on simultaneous have a significant effect on national income. These three variables have an influence on national income of 68%, while the deficiency of 32% is influenced by other variables outside the research.
Infrastructure, E-sports, Economic Growth, Southeast Asia
Infrastruktur, E-sports, Pertumbuhan Ekonomi, Asia Tenggara
EFEKTIVITAS BANTUAN UMKM DAN STRATEGI PENGUATAN UMKM DI KOTA MAGELANG
The condition of SMEs during the COVID-19 pandemic requires support from the government. So that the government provides assistance to keep MSMEs afloat. The research aims to determine the effectiveness of government assistance to MSMEs and determine the appropriate strengthening strategy. The research was conducted in Magelang City with the object of research, namely the recipients of BPUM assistance in 2021 as many as 32 respondents. The method of data collection was carried out by observation, interviews, and filling out questionnaires. The analysis in this study includes descriptive analysis, one sample chi-square test analysis, Wilcoxon-signed rank test analysis, and SWOT analysis. The results show different opportunities for each micro-enterprise in obtaining BPUM assistance based on the length of business, type of business, and type of product. Another finding is that BPUM assistance is effective in increasing micro-enterprises in terms of capital, production and added value. However, it is not effective in increasing the workforce. Strategies such as unique products, good relations with partners, mastery of digital marketing, promotion, improving the quality of human resources, innovation and utilization of tourism potential are the right strategies to implement.
MSMEs; BPUM effectiveness; MSME strategies
ANALISIS SEKTOR UNGGULAN KABUPATEN PANGANDARAN
The Local Government needs to carry out economic development appropriately, to achieve this goal the local government needs to accelerate the process of improving the regional economy by considering the potential of the region. This research was conducted with the aim of identifying the economic sectors of new autonomous regions such as Pangandaran Regency. The research method used in this research is descriptive quantitative, using the Location Quotient typology class and Shift-share analysis. The results of the study found that the Location Quotient Typology Analysis shows that the leading and potential sectors in Pangandaran Regency are the wholesale and retail trade sector; the car and motorcycle repair sector, the transportation and warehousing sector, the accommodation sector and the provision of food and beverages, the real estate sector, the corporate services sector, the government administration sector, defence, and the mandatory social security and education services sector. Based on the results of the shift-share analysis, it is known that the water supply, waste management, waste and recycling sector, transport and warehousing sector, accommodation and food supply sector, real estate sector, corporate services sector, and other services sector, are sectors that are growing rapidly and have competitiveness in Pangandaran Regency.
Shift-Share; Tipologi Klassen; Potential Sector.
APAKAH INSTITUSI PENTING UNTUK PERTUMBUHAN EKONOMI ? BUKTI EMPIRIS DARI ASEAN
Institutional quality plays an important role in supporting economic growth through the reduction of transaction costs. This study aims to analyse the effect of institutional quality on economic growth in ASEAN. The data used is a panel of ASEAN countries for the period 2002-2020. Three variables are used as proxies for institutional quality, namely regulatory quality, rule of law, and voice and accountability, while GDP per capita is a proxy for economic growth. Pooled least squares (PLS) was chosen to estimate the relationship between institutional quality and economic growth. The findings of this study show that all institutional quality variables have a significant effect on economic growth in ASEAN. Specifically, rule of law and voice and accountability exert a significantly positive impact on economic growth. However, it is noteworthy that the quality of regulatory frameworks exhibits a significantly negative impact on economic growth in the ASEAN region. The results of this study confirm the institutional role theory which shows that institutions play an important role in promoting economic growth. This study implies that the formulation of regulations or laws should not overlap so that the execution of regulations can run systematically. In addition, it is imperative to foster public participation as a means of government oversight and quality institutions can create a conducive climate for investment.
"HAMKA-CCOUNTING": DEFINING THE PHILOSOPHY OF HAMKA'S POLITICAL ECONOMY OF ACCOUNTING
This research introduces "Hamka's Political Economics of Accounting," reconceptualizing the Political Economy of Accounting (PEA) through Hamka's political and economic philosophies. Hamka's perspectives were profoundly integrated with his Islamic convictions, promoting social justice, economic parity, and political frameworks that adhere to Islamic principles. By utilizing literature documentation for data collection and a Kuhnian deconstruction process for analysis, the study identifies three core traits in Hamka's revision of PEA: the imperative of addressing social conflicts and power dynamics in accounting, the importance of contextualizing accounting within specific cultural and organizational settings, and advocating for a more liberated perspective on the societal role of accounting. Hamka posits a universal principle that transcends national and cultural boundaries, advocating for a shared pursuit of justice and truth. This principle serves as a cornerstone, linking the political economy with societal issues and offering a novel lens for understanding the interplay between accounting practices and socio-political dynamics. This study contributes to the discourse on the political economy of accounting by providing a unique theoretical framework that integrates accounting practices within their broader socio-political contexts.
Hamka, Islamic Accounting, Political Economy, Philosophy
DO ESG-RELATED GOVERNANCE DISCLOSURES IMPROVE FIRM’S FINANCIAL PERFORMANCE IN INDONESIA?
This study endeavors to scrutinize the causality between the transparency of information within the governance pillar of sustainability performance by corporations and their financial outcomes, measured using Tobin's Q. Adopting a quantitative methodology, the research utilizes an inferential statistical testing model to analyze 275 samples derived from non-banking entities listed on the Indonesia Stock Exchange over the period from January 1, 2017, to 2021. The findings elucidate that management dedication and sustainability strategies exert a considerable adverse effect on the financial performance of companies. Conversely, the efficacy of shareholder structures appears to exert no substantial influence on financial outcomes. These results imply the critical need for corporations to meticulously consider governance aspects when devising their strategic plans. An efficacious strategy is pivotal for fostering exemplary governance practices, thereby enabling the organization to judiciously orchestrate sustainability initiatives in alignment with stakeholder perceptions
Governance; Tobin’s Q; Environmental; Social; Indonesia
KOMITE AUDIT DAN AUDIT REPORT DELAY: STUDI EMPIRIS PERUSAHAAN ENERGI DI INDONESIA
The audit committee is one of the crucial parties in achieving financial reporting timeliness because it supervises and monitors internal parties in compiling financial reports, supervises and monitors external parties in the independent audit process, and mediating problems between internal and external parties. The purpose of this research is to provide empirical evidence that audit committees characteristics impact audit report delay, especially in energy sector public companies. Multiple regression analysis is used to test the hypothesis. Using unbalanced panel data with a sample of 252 firm-year observations from companies listed on the IDX in 2017–2021, the result find that the audit committee size has a positive effect on audit report delay, while the academic audit committee has a negative effect on audit report delay, while the accounting/financial expertise audit committee has no significant effect on the audit report delay. This research contributes by adding to the literature regarding the characteristics of audit committees and their relation to audit report delay.
RANCANGAN SISTEM INFORMASI AKUNTANSI PERSEDIAAN KOPERASI PAGUYUBAN KARYAWAN DEKABE JAWA TIMUR
The rapid development of information technology has brought changes to all aspects of individuals and organizations, one of which is cooperatives. The Cooperative Association of Pakar Dekabe employees (Pakar Dekabe Cooperative), has trading and service business activities. Its trading business activities are related to buying, selling, and managing merchandise inventory that require recording and reporting. Recording sales as inventory expenditure is still done manually. Inventory is updated at the end of the current month period. This has an impact on inventory information that is not up-to-date and there is the potential for physical discrepancies to occur in recording. In this regard, the purpose of this study is to develop an inventory accounting information system through the Excel for Accounting (EFA) application to produce financial information accurately and qualified for stakeholders. The result of this study is the design of the EFA with the development of the number of working sheets from three become 11 sheets in order to detail the recording transactions, avoid the occurrence of physical discrepancies and recording inventory and also simplify the process of preparing financial reports as part of the internal control implementation.
PENDAPATAN RUMAH TANGGA MANTAN PELAKU ILLEGAL LOGGING TAMAN NASIONAL MERU BETIRI JEMBER
Meru Betiri National Park was one of the national parks in Indonesia which has the main function as a biodiversity conservation area. An area covering an area of 66,068.55 hectares is under threat from deforestation with the loss of forest cover covering an area of 3,382 hectares or 6.5% of the area, one of which is caused by illegal logging activities. Taking into account this condition, the Meru Betiri National Park Office is taking a preemptive approach through economic empowerment for the households of ex-illegal loggers. The aim of this research is to determine: 1) Household income of ex-illegal loggers, (2) differences in household income of ex-illegal loggers based on their type of income. The location of this research is Sanenrejo Village and Andongrejo Village, Tempurejo District, Jember Regency with 71 respondents from households of ex-illegal loggers. For the first objective of this research, quantitative descriptive analysis was used and for the second objective, the independent sample t test was used. According to the findings of this research, the average household income of ex-illegal loggers is IDR 2,384,823 per month. The household income of ex-illegal loggers from the agricultural and non-agricultural sectors has significant differences. This shows that non-agricultural income sources for ex-illegal loggers households have greater opportunities to be developed while still paying attention to non-agricultural sector income sources.
Meru Betiri National Park; Illegal Logging; Economy; Income; Household
KINERJA BANK: PENGARUH LAPORAN KEBERLANJUTAN, KUALITAS LABA, DAN MODAL INTELEKTUAL
This study aims to examine the effect of the quality of sustainability reports and earnings quality on bank performance as a proxy for return on assets and price earnings ratio with intellectual capital as a moderating variable. The population of this study were banking companies listed on the IDX for 2018-2021 with a total of 46 companies. Determining the number of samples was carried out using a purposive sampling technique and selected based on criteria of 28 companies for a period of 4 years so that 112 samples were obtained. Regression analysis method on panel data using the Eviews 12 program. The results of this study indicate that the quality of sustainability reports has a significant negative effect on ROA. Earnings quality has a positive and significant effect on ROA. Report quality has a positive and significant effect on PER. Earnings quality has no significant effect on PER. ROA has a positive and significant effect on PER. Intellectual capital is able to moderate the influence of the quality of sustainability reports on PER. Intellectual capital cannot moderate the effect of sustainable earnings quality on PER. Intellectual capital cannot moderate the effect of ROA on PER
Sustainability report; Earnings Quality; Return On Assets; Price Earnings Ratio; Intellectual Capital
ANALISIS PERBANDINGAN KUALITAS PROMOSI, KERAGAMAN PRODUK DAN KEMUDAHAN PENGGUNAAN ANTARA E-COMMERCE SHOPEE DAN TOKOPEDIA
Shopping online through e-commerce in Indonesia is currently growing rapidly. Such as Shopee, Tokopedia, Lazada, Bukalapak, Bli-bli and more. The purpose of this research is to find out whether there are differences in promotion, product diversity and ease of use between Shopee and Tokopedia, which are the pioneers of e-commerce in Indonesia. This research is included in the type of comparative research using quantitative methods. Data collections using a questionnaire with a Likert scale. The number of respondents reached was 300 respondents with a distribution of 150 respondents for each object. The sampling used in this research is purposive sampling which is included in non-probability sampling. While the analysis used is the Mann Whitney difference test with the help of SPSS software version 25. The results showed that only the promotion variable has a significant difference between Shopee and Tokopedia or Ho is accepted, with a significance of 0.04 which is less than 0.050. As for the variables of product diversity and ease of use, there is no significant difference. Each has a significance value of 0.326 for product diversity and 0.432 for ease of use which is greater than 0.050 so that Ho is rejected.
E-commerce; Ease of use; Product diversity; Promotion; Mann whitney
IDENTIFIKASI STRUKTUR EKONOMI SEKTORAL DAN REGIONAL SELURUH PROVINSI DI INDONESIA MENGGUNAKAN ANALISIS NETWORK
This study aims to identify key sectors in the economy of all provinces in Indonesia by network analysis using Indonesia's Inter-Regional Input-Output (IRIO) tables. The results of this study show that the most sensitive sector and the sector with the highest ranking in terms of having relationships with other important sectors are the manufacturing industry and its region is dominated by provinces on the island of Java. Furthermore, the sectors with the highest ratings in terms of their ability to influence resources among other sectors are the manufacturing, construction, transportation, and warehousing industries, and financial services and insurance sectors. As well as the results of community detection show that sectors that are in the same province and have close geographical distances tend to interact more often. The results of this study also show that the highest rankings of the sector as a whole are dominated by provinces on the island of Java while the lowest is by the Eastern Part of Indonesia.
Network Analysis; Centrality Measures; Economic Structure; Indonesia
DAPATKAH TEKNOLOGI INFORMASI MEMENGARUHI KINERJA PEREKONOMIAN?
Mastery of information technology and improvement of human quality is one of the efforts to increase economic output in a region. This study aims to see the effect of information technology on the performance of economic's achievement in Sumatera with the quality of population as a variable control, as well as the possibility of spatial effects between regions in it. The analysis uses panel data covering 154 districts/cities in Sumatera from 2011-2021. Scatterplot analysis and correlation matrix show a positive and strong correlation between the variables of information technology and HDI on economic performance. The results of the Global Moran and Local Moran tests also show a significant spatial effect in terms of the use of information technology and the GRDP per capita of districts/cities in Sumatera. In addition, hot-spots (high-high clusters), cold-spots (low-low clusters), and spatial outliers are formed and show a persistent pattern in 2011 and 2021. The spatial and nonspatial economic performance modeling also shows that computer use is a vital factor affecting regional performance in Sumatera. The spills-over effect that causes positive spatial interactions also indicates that economic progress in an area will affect economic progress in adjacent areas.
economic performance, GDRP per capita, spatial econometric, internet access, Sumatera
PENGARUH INVESTASI DAN PEMBANGUNAN MANUSIA DALAM PENGENTASAN KEMISKINAN DI INDONESIA
This study aims to examine the short-term and long-term effects of foreign direct investment, human development, economic growth, and electricity infrastructure on poverty alleviation efforts, which are proxied by the number of poor people below the national poverty line in Indonesia. The data used are time series data from 1996 to 2019, the methods used are Auto Regressive Distributed Lag (ARDL) and Error Correction Model (ECM) or ARDL-ECM. The results of this study indicate that in the short term foreign direct investment and human development index variables have a significant negative effect on poverty. And in the long term, only the electricity infrastructure variable has a significant negative effect on poverty in Indonesia. Meanwhile, the economic growth variable does not have a significant effect, either in the short or long term, on poverty in Indonesia.
Poverty; Foreign Direct Investment; Human Development Index; Electricity
PENGARUH PENGAWASAN, TARIF CUKAI, DAN BATASAN MINIMUM HARGA JUAL ECERAN TERHADAP TANGKAPAN ROKOK ILEGAL
Illegal cigarettes are very dangerous, both for health and for state revenue, so DJBC, as the agency authorized to oversee the circulation of cigarettes, must catch illegal cigarettes to suppress the circulation of illegal cigarettes in the future. The purpose of this study was to determine the effect of supervision, excise tariffs, and minimum HJE limits on illegal cigarette catches in Indonesia. The authors carried out a descriptive analysis of the realization of supervision budget data, number of DJBC employees, excise rates, minimum retail selling price limits, and catches of illegal cigarettes. The authors obtained these data from the Directorate General of Customs and Excise and from the Central Bureau of Statistics. The result is that the increase in excise rates and the minimum HJE limit in Indonesia so far have not had a significant impact on illegal cigarette catches. The only thing the government can do to suppress the circulation of illegal cigarettes is to strengthen supervision by increasing the supervision budget and human resources, both in terms of quantity and quality. Tightening the overall supervision will be able to optimize the catch of illegal cigarettes and reduce the circulation of illegal cigarettes in the future.
Excise tariff, Retail selling price, Ilegal Cigarettes, Supervision.
FAKTOR YANG MEMENGARUHI MINAT BERINVESTASI PADA MAHASISWA UNIVERSITAS PGRI MADIUN
This study aims to analyze and measure the influence of financial literacy, self-efficacy, social environment, and technological advances on the investment interests of PGRI Madiun University students. The research design used is quantitative research using the explanatory research method. The data source used is primary data. The total population is 210 students, and the sampling technique used is purposive random sampling using the Slovin formula. The data techniques used in this study are descriptive analysis, instrument testing, classical assumption test, the multiple linear regression test, the t test, and the coefficient of determination test with the help of SPSS software program version 25. These results show that financial literacy, self-efficacy, and technological advances have a significant positive effect on investment interest. While in this study the social environment variable didn’t have a significant positive effect on investment interest.
financial literacy, self-efficacy, social environment, technological advances, investment interests