Economics and Business Solutions Journal
Journal Title : Economics and Business Solutions Journal Initials : EBSJ Abbreviation : EBSJ Frequency : 2 issues per year (April & October) ISSN : P-ISSN : 2580-6084; E-ISSN : 2580-8079 DOI Prefix : 10.26623/ebsj Editor In Chief : Dr. Elisabeth Rotua Simamora, S.Sos., M.M., M.I.Kom Publisher : Faculty of Economics, Semarang University Economics and Business Solutions Journal is an International Scientific Journal, published by Faculty of Economics, University of Semarang (USM), Central Java, Indonesia. Economics and Business Solutions Journal is intended to the national and international scholarly community. The aim of this journal is to publish high-quality articles dedicated to all aspects of the lates outstanding developments in the field of economics and business. Articles published are the results of research, bringing the new sights (scope) on Economics, Management and Business, and Accounting. Meanwhile,submitted papers are evaluated by double blind peer review for contribution, originality and relevance. Economics and Business Solutions Journal are published twice a year in April and October (Regular Issues). It was first published in 2017. Based on Directorate General of Higher Education, Research, and Technology of the Republic of Indonesia Decree No. 10/C/C3/DT.05.00/2025, EBSJ has achieved Ranked 4 SINTA (Science and Technology Index) covered from Vol.6 No.1 2022 to Vol.10 No.2 2026. Journal Economics and Business Solutions Journal in collaboration with : Journal Economics and Business Solutions Journal is Indexed at :
The journal holds the copyright for each article published with work licensed simultaneously under a Creative Commons Attribution 4.0 International License, which allows others to share the work with an acknowledgment of the authorship and early publication of the work in this journal.
Why Customers are Loyal to Fast-food Restaurants: Mediation of Brand Equity
Development of businesses in the continuous food and drink​ industry is also visible from an increasing number of restaurants. For that, research was conducted to examine the effect of promotion and quality service on customers with brand equitys as intervening variables in fast-food restaurants. Population in study: A fast-food restaurant. The technique used to take a sample in the study. This applies purposive sampling with a sample total of 220 respondents. Research data collection: This uses a questionnaire. Data analysis in study using SEM AMOS 24. Research results show that promotion and quality service are positively and significantly influential on brand equitys and customer loyalty. and also, an brand equity influential, positive, and significant to loyalty customer equity; brand capable of mediating between variables, promotion and quality service to loyalty customer.
Copyright (c) 2026 Ary Juli Prasetiyawan, Gilang Puspita Rini http://creativecommons.org/licenses/by/4.0
Determinants of Financial Statement Integrity: Size, Governance, and Leverage
This study examines the effect of company size, independent commissioners, institutional ownership, and leverage on financial statement integrity in infrastructure sector companies listed on the Indonesia Stock Exchange during the 2020–2024 period. Financial statement integrity is a critical issue due to recurring cases of financial reporting manipulation, particularly in capital intensive sectors such as infrastructure, where large scale projects and complex financing structures increase reporting risks. Financial statement integrity in this study is measured using the Market To Book Ratio as a proxy, reflecting the reliability and credibility of reported financial information. This study employs a quantitative explanatory approach using multiple linear regression analysis. The sample consists of 36 companies, resulting in 180 firm-year observations selected through purposive sampling. The results show that company size has a positive and significant effect on financial statement integrity, while independent commissioners, institutional ownership, and leverage do not have significant effects. However, the model’s explanatory power is relatively low, with an adjusted R² of 0.033, indicating that most variations in financial statement integrity are explained by factors outside the model. These findings suggest that while firm size plays an important role in enhancing reporting integrity through stronger monitoring and reputational concerns, formal corporate governance mechanisms alone may not be sufficient to ensure high quality financial reporting. Therefore, future research is recommended to incorporate additional variables to better explain financial statement integrity.
Copyright (c) 2026 Evina Lestari, Metta Kusumaningtyas http://creativecommons.org/licenses/by/4.0
The Role of Tacit Knowledge Sharing Mediation in the Banking Sector
This research examines how excessive task demands and institutional trust mechanisms influence innovative work behavior, positioning tacit knowledge sharing as an intervening construct among banking employees in Central Jakarta. A quantitative correlational framework with hypothesis verification was applied, whereby empirical data were obtained through structured questionnaires employing Likert scaling (1-5), administered to 260 permanent staff from Bank X and Bank Y via purposive sampling. Data processing involved descriptive statistical assessment and Structural Equation Modeling (SEM) via AMOS, satisfying established goodness-of-fit standards. Empirical outcomes demonstrated that work overload conditions and organizational trust significantly influence tacit knowledge sharing practices, while tacit knowledge sharing itself significantly predicts innovative work behavior. Furthermore, work overload and organizational trust were empirically validated as impacting innovative work behavior through both direct pathways and indirect pathways mediated by tacit knowledge sharing. These results suggest managerial implications including regulating workload distribution proportionally, cultivating organizational trust through equitable communicative practices, and reinforcing tacit knowledge sharing norms through best-practice exchange platforms, mentoring initiatives, and communities of practice. Future investigations should integrate additional explanatory variables (innovation climate, digital leadership orientation) and broaden empirical scope to alternative banking entities or service-based industries for more exhaustive understanding of innovative work behavior dynamics within digitally driven environments
Copyright (c) 2026 Kharen Andini, Andreas Wahyu Gunawan Putra http://creativecommons.org/licenses/by/4.0
Digital Financial Literacy, Financial Behavior on Financial Well-Being Among Generation Z
Financial well-being has become a challenge for Generation Z, who are in the early stages of their careers amid the rapid advancement of digital technology. Low levels of digital financial literacy have the potential to influence irrational financial behavior, which in turn affects financial well-being. This study aims to analyze the effect of digital financial literacy on financial well-being, with financial behavior serving as a mediating variable among Generation Z in Pasuruan Regency. This study employs a quantitative approach, using primary data as the main source of information. Data were collected through questionnaires distributed to Generation Z respondents who have earned income and reside in Pasuruan Regency. The sample consisted of 234 respondents. Data analysis was conducted using the Structural Equation Modeling Partial Least Squares (SEM-PLS) method with SmartPLS software. The results indicate that digital financial literacy has a positive effect on financial well-being. Financial behavior also has a positive effect on financial well-being and plays a significant mediating role in the relationship between digital financial literacy and financial well-being. These findings suggest that the level of financial well-being can be influenced by both digital financial literacy and financial behavior. The novelty of this study lies in examining the mediating role of financial behavior among Generation Z and focusing on Pasuruan Regency, a semi-urban area with socio-economic characteristics distinct from urban regions.
Copyright (c) 2026 Risalatul Mu'awanah, Mardiana http://creativecommons.org/licenses/by/4.0
Variance Analysis between Budget and Implementation Plans in Cost Planning and Control
This study aims to analyze the differences between the Budget Plan (BP) and the Implementation Budget Plan (IBP) as tools for cost planning and control in the structural works of the Semarang City Integrated Business Service Center Project. A quantitative descriptive method with a case study approach was employed, utilizing primary data from structured interviews with project management personnel and secondary data from contract documents, BP, IBP, and cost realization reports. The analysis applied variance analysis, decomposing variances into price/rate and quantity/efficiency components for labor, materials, equipment, and occupational health and safety (OHS) implementation. Results reveal that all cost components experienced favorable variances, yielding total savings of IDR 736,962,950 or 13.86% of the total budget, including 11% Value Added Tax. The largest savings were derived from material purchase price efficiency and negotiated labor rates, while unfavorable variances were mainly due to excess material and equipment usage caused by specification changes, design adjustments, and on-site technical factors. These findings highlight that price control strategies, such as supplier selection, optimal work scheduling, market price monitoring, and strict resource-use supervision, can effectively reduce waste without disrupting project execution. The study is limited to a single project within the structural works scope, thus its results may not be generalizable to all construction projects. Future research is recommended to integrate cost, time, and quality analysis for more comprehensive control strategies
Copyright (c) 2026 Annisa Berliana, Maulana Akbar Sidqi, Any Setyarini http://creativecommons.org/licenses/by/4.0
Job Insecurity, Burnout, and Quiet Quitting's Impact on Gen Z and Millennials Performance in Jakarta
The study examines the influence of job insecurity and work-related burnout on job performance, with quiet quitting as an intervening variable among Gen Z and Millennial employees working in Jakarta’s creative industry. Drawing on Conservation of Resources (COR) Theory and the Job Demands–Resources (JD–R) model, this research explains how psychological resource depletion triggers withdrawal behavior. A quantitative approach involving 167 respondents selected through purposive sampling. The structural model aims to analyze the hypothesized relationships. The findings reveal that both job insecurity and work-related burnout significantly increase quiet quitting tendencies, indicating that psychological strain and uncertainty stimulate employees’ withdrawal from extra-role engagement. Job insecurity was significantly direct effect on job performance, while burnout and quiet quitting did not significantly predict job performance. Furthermore, quiet quitting failed to mediate the effects of job insecurity and burnout on performance, as its direct relationship with performance was not significant. These results suggest that despite experiencing insecurity or burnout, employees may still maintain their core performance responsibilities, indicating the stability of task performance in the short term. The study’s limitations with cross-sectional design, the use of self-reported measures, and its focus on creative industry workers in Jakarta, which may limit generalizability. The study offers originality by integrating quiet quitting as a mediating mechanism within a generational context in Indonesia, which has been minimally explored in previous research.
Copyright (c) 2026 Netania Emilisa, Ahmad Fachrur Razi, Dwi Prasetyo, Kesita Anugrah Siburian http://creativecommons.org/licenses/by/4.0
Consumer Satisfaction Mediating Price and Brand Image on Buying Interest KAC Stores Genuk Semarang
This study aims to examine the influence of price and brand image on buying interest through consumer satisfaction as an intervening variable. The research is conducted in the context of the KAC Accessories Collection Store, Genuk Semarang Branch, a small-scale fashion retail business facing increasing competition. Understanding the determinants of buying interest is therefore essential to improve retail performance. A quantitative approach was employed using survey data collected from 96 consumers through purposive sampling. The data were analyzed using Partial Least Squares–Structural Equation Modeling (PLS-SEM) with SmartPLS. The research model tested both direct and indirect relationships between price, brand image, consumer satisfaction, and buying interest. The results indicate that price and brand image have a significant positive effect on consumer satisfaction. Furthermore, price, brand image, and consumer satisfaction significantly influence buying interest. Consumer satisfaction is found to partially mediate the relationship between price, brand image, and buying interest, highlighting the importance of post-consumption evaluation in shaping consumer intentions.These findings imply that retail managers should implement value-based pricing strategies, strengthen brand image, and enhance consumer satisfaction to increase buying interest. This study contributes to the retail marketing literature by extending satisfaction-based mediation models to small-scale fashion retail businesses, which remain relatively underexplored.
Copyright (c) 2026 Irma Satya Indriyanti, Hendra Hendra, Muwafick Hidayat http://creativecommons.org/licenses/by/4.0
Dynamic Capabilities and Firm Performance: The Mediating Role of Product Innovation in Indonesian
This study examines the relationship between dynamic capabilities and firm performance, with product innovation as a mediating variable. Grounded in the dynamic capabilities framework, this research focuses on three key dimensions: sensing, seizing, and transforming, within small and medium-sized enterprises (SMEs) in Central Java, Indonesia. A quantitative approach was employed using Partial Least Squares Structural Equation Modeling (PLS-SEM) to analyze survey data collected from 204 SMEs. The results indicate that sensing capabilities have a significant positive effect on product innovation, which in turn enhances firm performance. However, the effects of seizing and transforming on product innovation are found to be statistically insignificant. Furthermore, product innovation demonstrates a significant positive relationship with firm performance, suggesting its important role as a mediating mechanism. These findings imply that dynamic capabilities do not uniformly influence innovation outcomes, and that sensing capability plays a more critical role in driving innovation among SMEs operating under resource constraints and environmental uncertainty. This study contributes to the literature by providing empirical evidence on the indirect relationship between dynamic capabilities and firm performance through product innovation in an emerging economy context. Practically, the findings suggest that SME managers should prioritize market sensing activities and innovation development to improve long-term performance.
Copyright (c) 2026 Windasari Rachmawati, Abdul Karim http://creativecommons.org/licenses/by/4.0
Factors Determining Financial Performance in Financial Companies In 2020-2024
This study aims to determine the company's financial performance by testing the influence of independent variables, namely Loan to Deposit Ratio (X1), Non-Performing Loan (X2), and LN Size (X3), on the dependent variable, namely firm value (Y), in financing companies listed on the Indonesia Stock Exchange during the period 2021–2024. The sample used in this study consisted of 36 companies selected using purposive sampling techniques, then multiplied by four years of research, resulting in a total of 144 company observations analyzed. The data analysis method employed is SmartPLS 4.0. The results of the study show that the Loan to Deposit Ratio has a positive and significant effect on Price Book Value. The Non-Performing Loan has a positive and significant effect on Price Book Value. LN Size also has a positive and significant effect on Price Book Value. The Loan to Deposit Ratio on Price Book Value with Return on Assets as a moderating variable shows a positive and significant effect. The Non-Performing Loan on Price Book Value with Return on Assets as a moderating variable shows a negative and insignificant effect. Meanwhile, LN Size on Price Book Value with Return on Assets as a moderating variable shows a positive and significant effect
Copyright (c) 2026 Adhi Widyakto, Tri Rinawati, Ayu Nurafni Octavia, Susanto Susanto, Sugeng Rianto http://creativecommons.org/licenses/by/4.0
Fisheries Blue Economy Role in Sorong City SEZ Policy
This study aimed to analyze the potential of the blue economy concept in the fisheries sector to support the development of the Sorong Special Economic Zone (SEZ) in West Papua. The research focused on evaluating the contribution of the fisheries sector to the regional economy and its role in ensuring sustainable marine resource management. A quantitative descriptive method was employed, utilizing Location Quotient (LQ) and Shift Share Analysis (SSA) to identify key sectors and assess regional competitiveness. The findings revealed that the agriculture, forestry, and fisheries sector in Sorong experienced fluctuating contributions to the Gross Regional Domestic Product (GRDP) between 2019 and 2023, with a notable decline in 2020 due to the COVID-19 pandemic. Nevertheless, the sector demonstrated a recovery in the following years and was identified as a base sector in 2023, as indicated by an LQ value greater than one. These results emphasized the strategic importance of the fisheries sector in driving regional economic growth and underscored the need for a sustainable development framework. Strengthening investment, enhancing fisheries infrastructure, and empowering local fishers were identified as crucial strategies. The integration of the blue economy approach into SEZ policies could promote inclusive and sustainable economic growth while supporting the achievement of the Sustainable Development Goals (SDGs), particularly Goals 8 and 14
Copyright (c) 2026 Fredericho Mego Sundoro, Deky Aji Suseno, Grace Naralia Marpaung, Lesta Karolina Br Sebayang, Adinda Wulan Ayu Saputri, Sumayyah , Linggar Pradista Kuncoro, Yeskiel Christian http://creativecommons.org/licenses/by/4.0
Determinants of Financial Reporting Timeliness: An Empirical Study in Indonesian Banking Firms (2020–2022)
This study investigates the determinants of financial reporting timeliness in Indonesian banking firms. Specifically, it examines the effects of firm age, firm size, and financial distress on the punctuality of financial reporting among banks listed on the Indonesia Stock Exchange (IDX) during 2020–2022. Using a quantitative associative approach, purposive sampling was employed to select 27 banking firms that consistently published audited annual reports during the observation period, resulting in 81 firm-year observations. Logistic regression analysis, performed with SPSS version 25, was used to test the hypotheses. The findings reveal that firm age has a positive but insignificant effect, firm size has a negative and significant effect, and financial distress has a negative but insignificant effect on the timeliness of financial reporting. The adjusted R² of 0.282 suggests that the independent variables explain 28.2% of the variance, with the remainder influenced by factors outside the model. This study contributes to the literature by highlighting the unique dynamics of financial reporting timeliness in the Indonesian banking sector, particularly during a period characterized by heightened regulatory scrutiny. The results imply that larger firms face greater complexity in timely reporting, whereas financial distress exerts limited influence. This research offers insights for regulators, investors, and corporate managers in understanding the structural and operational challenges that affect reporting timeliness.
Copyright (c) 2025 Sri Layla Wahyu Istanti, Agustina Khristina Ningrum http://creativecommons.org/licenses/by/4.0
Risk and Return Analysis of Bank Muamalat Indonesia Financing Using VaR and RAROC Methods
This research aims to measure the potential risk and potential return as well as the application of the high risk high return principle of murabahah, mudharabah and musyarakah financing at Bank Muamalat Indonesia for the 2019-2023 period. The calculation technique uses the VaR and RAROC methods. The results of the analysis show that murabahah financing has the smallest potential risk and mudharabah financing has the greatest potential risk. This can be seen from the magnitude of the VaR (Mean) and VaR (Zero) values. Throughout the year period the VaR value always shows a negative value, which means it shows the potential return. In line with VaR calculations, positive RAROC method calculation results indicate potential returns that are adjusted to have potential profits due to income received being greater than the value of expected losses. Meanwhile, the application of high return, high risk is not in accordance with the potential risk and return as measured by the RAROC method. The RAROC value which indicates the largest return is in 2022, while the equivalent rate which indicates the smallest return (biggest risk) is in 2019.
Copyright (c) 2025 Husna Rizky Tania Ulul , Abdul Manan http://creativecommons.org/licenses/by/4.0
Does Profitability Moderate Firm Financial Performance towards Firm Value in the Food and Beverage-Based Sector?
This study was conducted to determine how to increase company value based on Capital, Debt Policy, and Sales Growth with Profitability as a Moderating variable in Food and Beverage Companies listed on the IDX for the 2021-2023 period. The sampling method used is Purposive Sampling. The sample is 11 companies listed on the IDX. The data processing method used is the Quantitative Method with the help of Smart PLS software version 4.0. The results of this study indicate that the Current Ratio has a positive and significant effect on Price Book Value. Debt-to-Equity Ratio has a positive and significant effect on Price-to-Book Value. Sales Growth has a positive and significant effect on Price Book Value. Return on Assets can moderate the Current Ratio on Price Book Value. Return on Assets moderates the Debt to Equity Ratio on Price to Book Value. Return On Assets moderates Sales Growth on Price Book Value.
Copyright (c) 2025 Adhi Widyakto, Ayu Nurafni Octavia, Susanto Susanto, Rifka Indi, Abdul Ghafar Ismail http://creativecommons.org/licenses/by/4.0
Determinats Disclousure Sustainability Development Goals (SDGs) In Asean Countries
This study aims to analyze the impact of the implementation of the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB) on the quality of Sustainable Development Goals (SDGs) disclosure in six ASEAN countries: Indonesia, Malaysia, Thailand, Singapore, Vietnam, and the Philippines. A quantitative approach was employed, utilizing secondary data from sustainability reports for 2022-2023, analyzed using panel data regression with a fixed effects model. The results indicate that both independent variables have a significant positive partial effect on SDGs disclosure. The SASB variable demonstrated a significant influence with an error rate of 14%, while the GRI variable was significant with a 3.7% error rate. These findings indicate that the adoption of specific sustainability reporting standards SASB with its focus on industry-specific material topics and GRI with its comprehensive framework effectively enhances corporate transparency and accountability in achieving sustainable development objectives. This research provides practical implications for policymakers and regulators in the ASEAN region to promote the harmonization and adoption of standardized reporting frameworks to improve the quality of SDGs disclosure, which can ultimately attract investment, create jobs, and improve societal welfare. The originality of the study lies in its application of the Sustainability Maturity Model theoretical framework and the use of panel data regression analysis to investigate the complex interactions between these variables within the ASEAN context.
Sustainability Accounting Standards Board
Copyright (c) 2025 Wahyu Setyawan; Muhammad Riyadhi http://creativecommons.org/licenses/by/4.0
Audit Quality, Delay, SIZE, and ROA’s Impact on PBV in IDX FnB
This study investigates the influence of Audit Quality, Audit Delay, Firm Size (SIZE), and Return on Assets (ROA) on firm value, proxied by Price to Book Value (PBV), in food and beverage companies listed on the Indonesia Stock Exchange (IDX) for the 2019–2024 period. The research focuses on 25 companies, with data obtained from their published financial statements. The analytical method applied is multiple linear regression, supported by hypothesis testing through the F-test and t-test. Prior to the regression analysis, classical assumption tests were conducted to ensure the reliability and validity of the model. The empirical results reveal that Audit Quality, Firm Size, and ROA do not have a statistically significant effect on PBV. However, Audit Delay is found to exert a significant negative influence, suggesting that longer delays in audit completion reduce firm value as perceived by investors. When tested simultaneously, the four independent variables fail to show a significant predictive power in explaining PBV variations. This finding is further confirmed by the Adjusted R Square value of 0.037, indicating that only 3.7% of the variation in firm value can be explained by the studied variables, while the remaining 96.3% is likely influenced by other factors outside the scope of this model. Overall, the study concludes that among the examined determinants, only Audit Delay significantly affects firm value in IDX-listed food and beverage companies, while Audit Quality, Firm Size, and ROA do not exhibit notable contributions. The limited explanatory power of the model highlights the need for future research to incorporate additional financial and non-financial factors that may better capture the dynamics of firm value.
Copyright (c) 2025 Dame Rosa Sianipar, Maybelline Tania, Fuji Astuty, Keumala Hayati http://creativecommons.org/licenses/by/4.0
Governance and Sustainability: The Effects of Ownership, CEO Tenure, and Gender Diversity on CSR Disclosure
This study examines the influence of foreign ownership, CEO tenure, and ownership concentration on corporate social responsibility (CSR) disclosure, with board gender diversity as a moderating variable, in energy sector companies listed on the Indonesia Stock Exchange (IDX) during 2019–2023. Using a quantitative associative approach, data were collected from 47 purposively sampled companies. CSR disclosure was measured using the CSR Disclosure Index (CSRDI) based on the Global Reporting Initiative (GRI) Standards 2021, while ownership structure and managerial characteristics were measured through secondary data obtained from annual and sustainability reports. Data analysis employed Structural Equation Modeling (SEM) with WarpPLS 7.0 to test the research hypotheses. The results reveal that foreign ownership and ownership concentration have significant positive effects on CSR disclosure, whereas CEO tenure has a significant negative effect. Interestingly, board gender diversity does not significantly moderate the relationships between ownership structure, CEO tenure, and CSR disclosure. These findings contribute to the development of legitimacy theory and stakeholder theory by showing how ownership and leadership characteristics influence disclosure practices in emerging markets. Practically, the study provides implications for regulators and companies in Indonesia to strengthen sustainability governance, improve CSR reporting quality, and encourage meaningful board diversity
Copyright (c) 2025 Chika Adlina Azyyati, Monica Rahardian Ary Helmina; Muhammad Hudaya http://creativecommons.org/licenses/by/4.0
The Impact of E-WOM, Celebrity Endorser, and Brand Image on Purchase Decisions: A Study of MS Glow Cosmetics in Indonesia
This study investigates the influence of Electronic Word of Mouth (E-WOM), Celebrity Endorser, and Brand Image on the purchasing decisions of MS Glow cosmetics consumers in Samarinda, Indonesia. While these factors are recognized drivers of consumer behavior, their combined effect in the context of local beauty brands remains underexplored. Data were collected from 120 respondents via a questionnaire and analyzed using Partial Least Squares (PLS). The results demonstrate that all three variables: E-WOM, Celebrity Endorser, and Brand Image have a significant positive influence on purchase decisions. Notably, Brand Image emerged as the strongest predictor. The findings underscore the critical role of a coordinated marketing strategy that leverages credible peer reviews, strategic celebrity partnerships, and consistent brand-building to drive consumer action in the competitive cosmetics market
Copyright (c) 2025 Erwin Setiawan, Abdul Rauf, Doddy Adhimursandi http://creativecommons.org/licenses/by/4.0
An Empirical Review of Audit Delay : Firm Size as Moderating Variable
This study aims to investigate the influence of auditor quality and company profitability on audit delay, with company size serving as a moderating variable. A quantitative research approach is employed, utilizing audited financial report data from manufacturing firms listed on the Indonesia Stock Exchange for the period 2021 to 2023. The sample is selected using a purposive sampling technique, comprising 127 companies over a three-year observation period, resulting in a total of 381 observations. The analysis is conducted using multiple regression and moderated regression analysis (MRA), processed with SPSS version 25. The findings reveal that auditor quality does not significantly affect audit delay, whereas profitability and company size exert a significant influence on audit delay. Furthermore, company size does not moderate the relationship between auditor quality and profitability on audit delay
Copyright (c) 2025 Ardiani Ika Sulistyawati, Willyanto Kartiko Kusumo, Arief Himawan Dwi Nugroho, Hernandi Julius http://creativecommons.org/licenses/by/4.0
Generation Z Decision to Use E-Wallets and Its Drivers
The rapid growth of e-wallet technology is reshaping financial transaction behavior, particularly among Generation Z. However, many e-wallet providers struggle to ensure long-term adoption and continued use, due to limited comprehension of the cognitive and psychological factors that drive user decisions in this demographic. This study addressed the gap by empirically analyzing how perceived usefulness and user attitude determine the usage decision of e-wallet services among Generation Z, a technologically adept yet under-researched segment. This study's innovation is found in examining the indirect pathway of perceived usefulness influencing usage decisions through user attitude within a Generation Z context. Employing a quantitative approach, primary data were collected from 125 Generation Z e-wallet users using an online questionnaire. The data was analysed using partial least squares structural equation modelling, or PLS-SEM.) through SmartPLS 4.0, testing three key constructs: perceived usefulness, attitude toward use, and usage decision. The findings demonstrated that perceived usefulness had a significant positive effect on both user attitude (coefficient = 0.814, p < 0.05) and usage decision (coefficient = 0.351, p < 0.05). Furthermore, user attitude was found to be a strong predictor of usage decision (coefficient = 0.588, p < 0.05) and served as a significant mediator, with an indirect effect of perceived usefulness on usage decision (coefficient = 0.479, p < 0.05). 80.5% of the variation was explained by the model in usage decision, underscoring its high explanatory power. In conclusion, the study establishes that perceived usefulness is fundamental in shaping positive user attitudes and subsequent e-wallet adoption decisions among Generation Z, emphasizing the mediating role of attitude in the technology acceptance process. These insights inform both theoretical frameworks of technology acceptance and practical strategies for e-wallet providers to boost user engagement and retention.
Copyright (c) 2025 Mohamad Rifqy Roosdhani, Samsul Arifin, Nurul Komaryatin, Ali Ali, Nurul Huda, Muhammad Khoiruddin http://creativecommons.org/licenses/by/4.0
Driving Sustainable Development Through MFCA and Green Accounting: The Role of Resource Efficiency
This study aims to analyze the influence of Material Flow Cost Accounting (MFCA) and Green Accounting on Sustainable Development, with Resource Efficiency as a moderating variable. The independent variables in this study are Material Flow Cost Accounting and Green Accounting, while the dependent variable is Sustainable Development. Resource Efficiency serves as the moderating variable. The population in this study consists of employees working in consumer non-cyclical companies listed on the Indonesia Stock Exchange (IDX). The sample was selected using a simple random sampling technique, with a total of 84 respondents. Data were analyzed using the Structural Equation Modeling–Partial Least Squares (SEM-PLS) method. The results show that Material Flow Cost Accounting and Green Accounting have a significant influence on Sustainable Development. Furthermore, Resource Efficiency strengthens the relationship between MFCA and Green Accounting with Sustainable Development
Copyright (c) 2025 Dewi Sartika, Monica Rahardian Ary Helmina, Wahyudin Nor http://creativecommons.org/licenses/by/4.0
The Role of Compensation on Leadership Style and Job Satisfaction
Job satisfaction is an important factor in employee performance and productivity, so it needs a leader who is able to direct and motivate in order to increase employee job satisfaction. This study aims to examine the effect of leadership style on job satisfaction with compensation as a mediating variable. This research was conducted on employees of PT Asuransi Raksa Pratikara, with a total of 84 respondents involved. This research used primary data collected through questionnaires distributed to employees. This type of research is quantitative research with the analysis method using SEM-PLS with the help of the SmartPLS 3 program. The results of this study indicate that leadership style had a significant effect on job satisfaction and compensation. Likewise, compensation had a significant effect on job satisfaction. Thus, it is proven that compensation is able to mediate the effect of leadership style on job satisfaction
Copyright (c) 2025 Adhi Pradiptya, Bonita Prabasari, Erlina Dewi Endah Amaliyah http://creativecommons.org/licenses/by/4.0
Stock Price Increase Based on Profitability, Profit and Leverage with Investment Policy as Intervention Variable
This study investigates the impact of Profitability, Revenue, and Leverage, with investment policies as intervention variables, on the share prices of telecommunications subsector companies listed on the Indonesia Stock Exchange from 2019 to 2023. Utilizing a quantitative research approach, this study analyzes secondary data collected from the company's financial statements. The aim of this study was to consider additional performance indicators for a comprehensive understanding of the overall health of the company. The sample consisted of 18 companies selected through purposive sampling, each meeting specific criteria. Statistical analysis was performed using Partial Least Square (PLS) to explore the relationships between the variables under investigation. These findings reveal that ROA, EPS, and DER have a significant positive effect on the Price Income Ratio (PER). In contrast, ROA has a significant negative impact on stock prices, while EPS, DER, and PER have a positive impact on stock prices. In addition, PER mediates the relationship between ROA and DER with stock price but does not mediate the relationship between EPS and stock price
Copyright (c) 2025 Adhi Widyakto, Ayu Nurafni Octavia, Oktavie Fresiliasari http://creativecommons.org/licenses/by/4.0
Harnessing Value Transmission to Enhance Salesperson Performance and Relationships
The company capable of winning the competition is the company that becomes the choice for the customers. The success of a company in getting a reference on a customer's mind, thus resulting in purchasing actions carried out by customers must be distinct from the company's efforts to know what its priorities on customer desires and give them the best of their needs. One thing that supports this company's success is the management of the sales force. In improving sales force performance, each sales force must have expertise on adapting by digging information about the needs of buyers, own cognitive intelligence and knowledge of product goods. This research highlights the contradictory relationship between relational capabilities on performance power sales. The objective of this study is to analyze variable Value Transmission Effectiveness, which are expected to resolve the contradiction between relational capability and sales performance. A distribution sample was given to Power Seller Pharmacy using a purposive sampling technique. The testing model and hypothesis use an equality analysis model (Structural Equation Model-SEM) with AMOS software
Copyright (c) 2025 Elisabeth Rotua Simamora http://creativecommons.org/licenses/by/4.0
Strategies to Boost TikTokShop Purchases via Brand Ambassadors and Advertising
This study explores strategies to improve product purchase decisions on TikTok Shop through the use of brand ambassadors and advertising. With the rise of social commerce, TikTok Shop has become a vital platform for digital marketing, highlighting the need for effective promotion. The research examines how brand ambassadors and advertising influence consumer behavior. A quantitative method was used, involving a purposive sample of 100 TikTok Shop users. Data were analyzed using SmartPLS 4.0, a PLS-SEM tool suitable for evaluating complex models and small samples. The measurement model assessed reliability and validity, while the structural model tested hypotheses. Results show that brand ambassadors significantly enhance consumer trust and perceived value, while advertising increases engagement and conversions. Both factors directly impact purchase intention and decisions, with intention acting as a mediator. The study concludes that combining brand ambassadors with targeted ads boosts product visibility and consumer confidence. These findings offer practical insights for businesses optimizing their TikTok Shop strategies
Copyright (c) 2025 Firdaus, Martini, Sri Sulistiyaningsih, Fiderius Ismanto, Meizar Effendi http://creativecommons.org/licenses/by/4.0
Exploring Gen Z Consumers’ Impulse Buying Behaviour on E-commerce: An SDL Perspective
This study discusses the relationship between E-WOM and impulsive buying to help e-commerce implement the right marketing strategy to increase sales. This study aims to test the role of E-WOM in increasing impulsive buying by developing a theoretical framework. The respondents used in this study were 125, and the incoming data was processed using SPSS 26. The results of this study indicate that E-WOM has a positive and significant effect on impulsive buying. This study also studied other variables, namely shopping lifestyle, sales promotion, and economic literacy, which showed a positive and significant effect on impulsive buying. This study will contribute to future research on impulsive buying and other research related to e-commerce users, especially in Generation Z
Copyright (c) 2025 Arifa Kholida, Gilang Puspita Rini http://creativecommons.org/licenses/by/4.0
The Influence of Brand Ambassador and Digital Payment on Purchase Decision Through Impulsive Buying Mediation on Scarlett Whitening
This study aims to examine the influence of Brand Ambassadors and Digital Payment on Purchase Decisions, with Impulsive Buying acting as a mediating variable in the context of Scarlett Whitening products. A quantitative research method was employed, utilizing a survey approach through questionnaires distributed to 157 respondents who had previously purchased Scarlett Whitening products. The results indicate that both Brand Ambassadors and Digital Payment have a positive and significant impact on Purchase Decisions, both directly and indirectly through the mediation of Impulsive Buying. The findings suggest that consumers tend to make quicker and less deliberative purchase decisions when influenced by appealing Brand Ambassadors and the convenience of Digital Payment options. Furthermore, this study highlights the crucial role of Impulsive Buying as a behavioral factor that strengthens the relationship between marketing strategies and consumer purchasing behavior. The implications of this research provide valuable insights for businesses, particularly in the beauty and skincare industry, on how to optimize their marketing strategies. Companies can enhance their brand appeal and drive higher purchase rates by strategically leveraging Brand Ambassadors and offering seamless Digital Payment methods. Ultimately, this study contributes to the growing body of knowledge on consumer behavior and digital marketing strategies in the modern retail landscape
Copyright (c) 2025 Aiza Duta Dwipa Nusantara, Muinah Fadhilah, Budi Setiawan http://creativecommons.org/licenses/by/4.0
Employee Performance Analysis: A Study At PT Panin Securities Semarang
This study aims to determine the effect of leadership style, organizational culture, and work motivation on the performance of Panin Securities employees. This type of research uses quantitative methods. The population determined in this study were employees at Panin Securities, totaling 35 people. In sampling, the technique used is to use saturated samples. Data was collected using questionnaires and then analyzed using multiple linear regression methods. The data was processed using SPSS (Statistical Program for Social Science) version 25 with a validity test, reliability test, normality test, heteroscedasticity test, multicollinearity test, regression analysis, hypothesis test, f test, and coefficient of determination. The results showed that leadership style has a significant positive effect on employee performance, organizational culture has a considerable positive impact on employee performance, and work motivation has a substantial positive effect on employee performance. Based on simultaneous tests, the variables of leadership style, organizational culture, and work motivation show working together influences overall employee performance. Companies must continuously evaluate and monitor to influence style leadership, culture, organization, and motivation. Work to performance employees. Through surveying employees, performance data analysis, and feedback sessions, the company can identify areas that need repair and implement appropriate corrective action
Copyright (c) 2025 Economics and Business Solutions Journal http://creativecommons.org/licenses/by/4.0
Work Discipline, Teamwork, Communication's Impact on Employee Performance CV. Golden Harvest
Examining the effects of communication, teamwork, and work discipline on employee performance at CV Golden Harvest is the aim of this study. Organizational success depends on employee performance, and human resources are crucial to achieving corporate goals. 36 employees participated in this study, which used a quantitative methodology and survey questionnaires. SPSS 22.0 was used for data processing in order to examine each variable's partial and simultaneous influence. The findings show that employee performance is significantly and favorably impacted by teamwork, communication, and work discipline. However, the results of individual analysis vary work discipline has a positive but insignificant effect on performance, communication has a negative and negligible effect, and cooperation has a positive and significant impact. While good teamwork fosters synergy among people, good work discipline can improve adherence to business policies. Conversely, good communication is essential for enhancing professional relationships and reducing miscommunications. These results give management information to help them develop plans to enhance worker performance by managing communication, teamwork, and work discipline.
Motivating Knowledge Sharing: A Pathway to Enhanced Nurse Performance
This study investigated the influence of work motivation and knowleldge sharing on employee performance within the healthcare sector, specifically among nursing staff at RSUD dr Gondo Suwarno. The research aimed to explore the direct and indirect effects of these variables, with job satisfaction serving as a mediating factor. Data was collected through a quantitative survey involving 149 nursing staff, and structural equation modeling (SEM) was employes to analyze the relationships. The findings revaled that work motivation did directly impact employee performance, and it positively influenced job satisfaction. Conversely, knowledge sharing demonstrated a significant positive relationship with both job satisfaction and employee performance. Moreover, job satisfaction emerged as a crucial mediator, amplifying the positive effects of both work motivation and knowledge sharing on employee performance. These reseults underscore the importance of holostic human resource management strategies that prioritize employee satisfaction. Organixation are encouraged to create supportive work environments that foster motivation, facilitate knowledge sharing, and offer opportunities for career development. Future research could delve deeper into the dynamic of these relationships within diverse organizational contexts
Motivating the Motivated: Role of Engagement Commitment in Enhancing Performance
The purposes of this study is to identify and analyze the influence of Employee Engagement and Organizational Commitment on Employee peroformance, with Intrinsic Motivation as a mediating factor. This research adopts an Explanatory Research approach. The sample consists of nurses working at Semarang Regency Hospital, selected using Slovin formula. The resutls indicate that Employee Engagement and Organizational Commitment do not have an effect on Employee Performance. However, both Employee Engagement and Organizational Commitment have a positive and significant effect on Intrinsic Motivation. Intrinsic Motivation has a positive and significant effect on Employee Performance and serves as a significant mediating variable between Employee Engagement, Organizational Commitment, and Employee Performance