cover
Contact Name
Muhammad Irfan Nasution
Contact Email
ijbe@umsu.ac.id
Phone
+6281362257556
Journal Mail Official
ijbe@umsu.ac.id
Editorial Address
Fakultas Ekonomi Dan Bisnis Universitas Muhammadiyah Sumatera Utara
Location
Kota medan,
Sumatera utara
INDONESIA
International Journal of Business Economics (IJBE)
ISSN : -     EISSN : 2686472X     DOI : 10.30596/ijbe
International Journal of Business Economics (IJBE) is a media publication manuscript that contains the results of the Field Research Management applying peer-reviewed. Manuscripts published in the International Journal of Business Economics (IJBE) includes the results of scientific research original articles scientific reviews that are new
Articles 66 Documents
Role of Debt To Equity Ratio Mediating Effect Return On Assets and Current Ratio Against Firm Value Sutriono Sutriono; Eka Nurmala Sari; Muis Fauzi Rambe
International Journal of Business Economics (IJBE) Vol 3, No 1 (2021): SEPTEMBER - FEBRUARY
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v3i1.7519

Abstract

The food and beverage sector in manufacturing companies has an important role for the Indonesian economy. This study aims to determine, test and analyze the Debt to Equity Ratio mediating the effect of Return On Assets and Current Ratio on Price to Book Value in Food and Beverage sub-sector companies listed on the Indonesia Stock Exchange for the 2015-2019 period. In this study using an associative approach. The sampling technique used is purposive sampling with a sample of 10 food and beverage sub-sector companies listed on the Indonesia Stock Exchange. The data collection technique is documentation technique, in the form of secondary data by taking data from the Indonesian Stock Exchange website. The data analysis technique used is descriptive statistical test, and SEM (Structural Equation Modeling) analysis by testing the outer model analysis, inner model analysis, and mediating effect analysis. The results showed that Return On Assets had an effect on the Debt to Equity Ratio. Current Ratio affects the Debt to Equity Ratio. Return On Assets has an effect on Price to Book Value. Current Ratio has no effect on Price to Book Value. Debt to Equity Ratio has an effect on Price to Book Value. Debt to Equity Ratio can mediate the effect of Return On Assets on Price to Book Value. And the Debt to Equity Ratio can mediate the influence of the Current Ratio on Price to Book Value.
The Effect of Return on Asset (ROA), Current Ratio (CR) and Debt to Equity Ratio (DER) on Stock Prices With Dividend Policy as an Intervening Variable Diki Prianda; Eka Nurmala Sari; Muis Fauzi Rambe
International Journal of Business Economics (IJBE) Vol 3, No 2 (2022): March - August
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v3i2.7521

Abstract

This study aims to determine, test and analyze the effect of ROA, CR, DER on stock prices with dividend policy as an intervening variable in basic and chemical industrial manufacturing companies for the period 20152019. This research is an associative quantitative research using documentation techniques. The population of this study amounted to 75 company. Research sample of 11 companies by using purposive sampling techniques and using SmartPLS as methode data analysis. The results showed that ROA, DER had a negative and insignificant relationship to stock prices. CR has a negative and significant relationship to stock prices. ROA, CR have a positive and insignificant relationship with dividend policy. DER has a positive and significant relationship to dividend policy. Dividend policy has a negative and significant relationship to stock prices. Dividend policy is not able to mediate the effect of ROA, CR, DER on stock prices.
Farmers Empowerment: Drivers and Challenges among Smallholder Farmers in Mezam Division, Cameroon Nganje Sophie Nanyongo; Wirbam Mary-Juliet Bime
International Journal of Business Economics (IJBE) Vol 3, No 2 (2022): March - August
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v3i2.9416

Abstract

This study is captured: Farmers Empowerment: Drivers and Challenges among smallholder farmers in Mezam Division, Cameroon. The objectives targeted are: to identify and discuss the drivers and constraints associated with farmers empowerment in Mezam Division, Cameroon and to decompose the factors into gender of household head. Methodologically, the study employed primary data collected among 361 farmers using a well-structured questionnaire. The Cobb Douglas production function is used to estimate the result. In overall, farm experience, rich farmers financial status, acquisition of modern equipment, urban resident, age of farmers, land tenure system, household size and farm records are observed to be significantly influencing farmers empowerment in Mezam Division. Meanwhile rich farmers status, size of farm land, acquisition of modern equipment, farm records and household size are corroborating with the empowerment of male farmers and rich farmers status, acquisition of modern agricultural equipment and household size are positively influencing the empowerment of female farmers. The challenges faced by farmers in the acquisition of empowerment in Mezam are observed to be: training cost, access to trainers, source of training program, time constraint, application of training techniques, interest of farmers and ignorance. The study suggest that the decision makers should consider the collective farmers characteristics when planning for farmers empowerment. This is an important step towards farm efficiency and poverty alleviation.
Efforts to Increase Customer Loyalty Forex Trading Judging from the Elements of Trust and Relationships Emotional Mhd Ismail Magfur; Nasib Nasib; Debora Tambunan; Ester Hervina Sihombing; Widy Hastuty HS
International Journal of Business Economics (IJBE) Vol 3, No 2 (2022): March - August
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v3i2.9370

Abstract

This study aims to determine the effect of trust and emotional relationships partially and simultaneously on customer loyalty in forex trading at the European Rexchanger Trading Company Graha Medan. The research approach used is quantitative research. The population in this study consisted of all customers of the European Rexchanger company Graha Medan Branch, amounting to 2700 people. The sampling technique used was accidental sampling where 96 regular customers at Rexchanger Europe Graha Medan Branch. Questionnaires were selected in this study as a data collection technique. The results of this study partially positive effect on customer trust and emotional relationships partially positive effect on customer trust. Simultaneous test results (Test f) trust and emotional relationships have a positive and significant effect on customer loyalty in Forex trading. The result of the determination test is that 72.7% of the variation in the dependent variable, namely Trust and Emotional Relationships, has a contribution to customer loyalty in Forex trading. While the remaining 28.3% is influenced by other variables outside the variables studied.
Consequential Effects on Insurance Industry, Risk Management, and Insurability of Pandemic Risk Saka Toyin Shafau; Abere Omotayo Johncally
International Journal of Business Economics (IJBE) Vol 3, No 2 (2022): March - August
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v3i2.9371

Abstract

The continuous fall in the world economy has a result of the COVID19 epidemic attracted the interest of many researchers. The pandemic brought about a sharp decline in the insurance business and the economic growth of the nation; this warranted the closure of many businesses and the insurance businesses is not spared. The objective of this paper is to ascertain the effect of Covid 19 on the insurance business and to determine the most efficient risk management strategies that can coup the effect of the Covid 19 pandemic. Both secondary and primary data were used for this study. A regression model was employed to test the hypotheses raised in this paper. This paper revealed that Covid 19 has a significant negative effect on the business operation of insurance businesses in Nigeria. Arisen from the analysis of the study, the paper recommended that: the insurance industry should employ an effective risk management strategy; there is an urgent need for insurance industries to re-strategies their business operation by introducing new products and services, and insurance companies should introduce attractive prices through price reduction and engage fully the e-marketing system.
Implications of Access to Portable Water on Child Health Production in Cameroon Mbu Daniel Tambi; Peter Arung Etta
International Journal of Business Economics (IJBE) Vol 3, No 2 (2022): March - August
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v3i2.9415

Abstract

This study attempts to quantify the effects of access to portable water on child health outcome and to investigate potential heterogeneities in the effect of access to portable water on child health by age distribution. Methodologically, we used the 2011/2018 Cameroon demographic and health survey via 2SLS and ivprobit models. Results show that a positive marginal change in access to portable water will result to a corresponding increase in child health, Child health of age 24-36 months is strongly affected by access to portable water. Decision makers should intensify child health access to portable water campaigns, following the WHO standards.
Determinants of Local Government Financial Performance Maya Sari; Arum Aztisya
International Journal of Business Economics (IJBE) Vol 4, No 1 (2022): SEPT 2022 - FEB 2023
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v4i1.12127

Abstract

This study aims to determine the determinants of local government financial performance in North Sumatra. This research is a type of associative research. The sampling technique was carried out using a saturated sampling technique. The sample obtained was 33 regencies/cities in the province of North Sumatra with a total of 165 observational data for 5 years of observation. The data collection technique used is documentation with data sources using secondary data taken through the official website of the Ministry of Finance DJPK. The data analysis technique used in this research is multiple linear regression analysis. The results of this study indicate that the factors that affect the financial performance of the regional government, namely local revenue, balancing funds, and capital expenditures, partially and simultaneously affect the financial performance of local governments
Measurement Models For Market Risk Management in Nigeria Banjo Adeola Kudirat; Abere Omotayo Johncally
International Journal of Business Economics (IJBE) Vol 4, No 1 (2022): SEPT 2022 - FEB 2023
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v4i1.11957

Abstract

Market risk is connected with the price fluctuations and other market factor movements on four of the most important economic markets: market of debt securities, stock market, currency market and commodity market. A major factor behind the rapid development of risk measurement and management is the high level of instability in the market in which firms operate. A volatile environment exposes firms to greater market risk, and therefore provides an incentive for firms to find new and better ways of modeling the risk. This paper generally analyses the performance of different models which try to solve, estimate, measure and manage various market risks in order to derive parameters which aid good decision making.
Mediation Role of Work Motivation: Organizational Commitment and Work Engagement on Employee Performance Jufrizen Jufrizen; Bella Olivia Rizki; Muhammad Arif
International Journal of Business Economics (IJBE) Vol 4, No 1 (2022): SEPT 2022 - FEB 2023
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v4i1.10530

Abstract

This study aims to analyze the effect of motivational commitment, motivational interaction, the effect of commitment on employee performance, the effect of work on employee performance, the effect of motivation on employee performance and the influence of organizational commitment on employee performance through motivation as an intervention variable at PT. Telekomunikasi Indonesia Tbk Witel Medan. In this study using associative research with a sample of 43 respondents who are permanent employees at PT. Telekomunikasi Indonesia Tbk Witel Medan. The data collection technique used in this study is a questionnaire, to analyze the data and information needed, the authors use path analysis techniques used for testing using Partial Least Square (Smart PLS). The results showed that organizational commitment had a significant positive effect on work motivation, work engagement had a positive but not significant effect on work motivation, commitment had a positive and significant effect on employee performance, work engagementhad a positive and significant effect on employees, work motivation had a significant positive effect on performance. employees, organizational commitment that has a positive and significant effect on employees through work motivation and work engagement which has a significant effect on employee performance through work motivation at PT. Telekomunikasi Indonesia Tbk Witel Medan.
Community Tax Compliance During the Covid 19 Pandemic In Medan: Export Study Edisah Putra Nainggolan
International Journal of Business Economics (IJBE) Vol 4, No 1 (2022): SEPT 2022 - FEB 2023
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Sumatera Utara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30596/ijbe.v4i1.11958

Abstract

This study aims to see how the people of Medan complied during the Covid-19 pandemic in fulfilling their tax obligations. In terms of tax compliance, the author assesses the aspect of awareness and also the services provided by the Medan City Government. This study took samples from the Medan Tax Office with a total sample of 100 people. By using the Multiple Linear Regression data analysis technique. The results of the study found that taxpayer awareness has an effect on tax compliance and services affect tax compliance. Simultaneous testing produces awareness results and also services have a simultaneous effect on compliance with paying taxes during the covid 19 pandemic in the city of Medan.