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PENANOMICS: INTERNATIONAL JOURNAL OF ECONOMICS
ISSN : -     EISSN : 2829601X     DOI : https://doi.org/10.56107/penanomics
Core Subject : Economy,
PENANOMICS: INTERNATIONAL JOURNAL OF ECONOMICS (ISSN: 2829-601X) published every three months (April, August, December) is a peer-reviewed journal in the fields of Economics and Business and Social Sciences and their applications. Specifically, the journal covers topics in Economics, Business, Accounting and Finance, Social Sciences, Economic and Business Modeling, Public Administration, and Business Administration. PENANOMICS: INTERNATIONAL JOURNAL OF ECONOMICS publishes contributions in the form of review articles, original research articles, brief communications, technical notes, and letters to editors.
Articles 56 Documents
COMPARATIVE ANALYSIS OF ALTMAN, SPRINGATE AND ZMIJEWSKI MODELS IN PREDICTING BANKRUPTCY Anwar Anwar; Reni Restriani Utami
PENANOMICS: International Journal of Economics Vol. 1 No. 3 (2022): December
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v1i3.48

Abstract

This study aims to determine the potential for bankruptcy in timber sub-sector companies and their management that are listed on the Indonesia Stock Exchange for the 2017-2020 period using the Altman, Springate, and Zmijewski models and to find out the comparison of the three models. This type of research is quantitative research. The research population is the company's sub-sector of wood and its processing. The research sample is PT. SLJ Global Tbk (SULI) and PT. Tirta Mahakam Resources Tbk (TIRT). Data analysis techniques use the Altman, Springate, and Zmijewski models. The results of the study show that SULI and TIRT are predicted to experience potential bankruptcy in 2017-2021 using the Altman and Zmijewski model. 2018-2021 for SULI and 2020-2021 for TIRT using the Springate model. The results of the Mann Whitney test show that there is no difference in predicting the potential for bankruptcy of SULI and TIRT using the three models.
The Role Of E-Trust As Mediation Effect Of E-Service Quality On Online Purchase Intention At Consumer Smes Culinary Sector In Special Region Of Yogyakarta Dewi Shanti Nugrahani; Widji Astuti; Harsono Harsono
PENANOMICS: International Journal of Economics Vol. 1 No. 3 (2022): December
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v1i3.47

Abstract

This study aims to examine the role of e-trust as mediation effect of e-service quality on online purchase intention at consumer smes culinary sector in Special Region of Yogyakarta. The respondents in this study were consumers at Special Region of Yogyakarta. The number of respondents in this study were 200 respondents. Sampling is done by purposive sampling technique. This study uses Structural Equation Modeling (SEM) with AMOS as an analytical tool. Based on the results of data testing conducted, it shows that: (1) E-service quality has a significant effect on e-trust at consumer SMEs culinary sector in Special Region of Yogyakarta. (2) E-trust has a significant effect on e-service quality at consumer SMEs culinary sector in Special Region of Yogyakarta. (3) E-service quality has a significant effect on online purchase intention at consumer SMEs culinary sector in Special Region of Yogyakarta. (4) E-trust as mediation effect of e-service quality on online purchase intention at consumer smes culinary sector in Special Region of Yogyakarta.
STRATEGY FOR DEVELOPING PRODUCT STANDARDS, PRODUCT QUALITY, AND INNOVATION IN IMPROVING THE INTERNATIONALIZATION PERFORMANCE OF MSMES AT AIDA FURNITURE IN PASURUAN Richa Afriana Munthe; Sudarmiatin Sudarmiatin; Imam Mukhlis
PENANOMICS: International Journal of Economics Vol. 1 No. 3 (2022): December
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v1i3.49

Abstract

This research was conducted to describe how an MSME company innovates in improving its internationalization performance by developing product standards and improving product quality. The object of research is the Aida Funiture company located in Pasuruan, East Java, Indonesia. The research approach uses descriptive and qualitative methods. Data collection techniques are carried out by conducting direct interviews with business owners. The research results show that the company has a strategy related to standard product development and quality improvement. This proves that by innovating the company can compete and have a competitive advantage. Innovation is an important thing that can differentiate a product from other products so that it can improve its internationalization performance
The Effect of Job Satisfaction and Employee Loyalty on Employee Performance Heru Kuncorowati; Heru Noor Rokhmawati; Lalu Supardin
PENANOMICS: International Journal of Economics Vol. 1 No. 3 (2022): December
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v1i3.50

Abstract

This study aims to examine the effect of job satisfaction and employee loyalty on employee performance in Ros-In Hotel at Yogyakarta. Respondents in this study were employees of Ros-In Hotel. The number of respondents in this study were 50 respondents. Sampling was done by purposive sampling technique. This study uses multiple linear regression analysis technique with SPSS as an analytical tool. Based on the results of data testing, it shows that: 1) Job satisfaction partially has a significant effect on employee performance in Ros-In Hotel at Yogyakarta. 2) Employee loyalty partially has a significant effect on employee performance in Ros-In Hotel at Yogyakarta. 3) Job satisfaction and employee loyalty simultaneously have a significant effect on employee performance in Ros-In Hotel at Yogyakarta
IMPLEMENTATION OF KNOWLEDGE MANAGEMENT TO INCREASE COMPETITIVE ADVANTAGE TOWARDS EXPORTS (STUDY VISIT AT AIDA FURNITURE, PASURUAN) Sudirman; Sudarmiatin Sudarmiatin; Imam Mukhlis
PENANOMICS: International Journal of Economics Vol. 1 No. 3 (2022): December
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v1i3.51

Abstract

This study aims to find out how to implement knowledge management as an effort to increase competitive advantage towards exports. This research was conducted at Aida Furniture, Pasuruan, East Java, Indonesia. The research method was carried out using descriptive and qualitative analysis, by conducting direct interviews with company owners and direct observation of the company. This study obtained results indicating that the successful implementation of knowledge management in the Aida Furniture company was determined by leadership and management support, organizational culture, information technology innovation, training and education. This understanding will help companies to identify important issues that must be faced when designing and implementing knowledge management. This lack of understanding causes companies to be slow to compete with others making it difficult to export due to low internationalization performance.
ADAPTATION OF TECHNOLOGY AND USE OF INTERNATIONAL LANGUAGES IN INCREASING MSMES TOWARDS INTERNATIONALIZATION AT AIDA FURNITURE Elfiya Yetti; Sudarmiatin Sudarmiatin; Imam Mukhlis
PENANOMICS: International Journal of Economics Vol. 1 No. 3 (2022): December
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v1i3.52

Abstract

The purpose of this research is to find out how companies implement in adapting to technology and the use of international languages to increase MSMEs towards internationalization. This research was conducted at Aida Furniture, Pasuruan, East Java, Indonesia. The approach used in this study is descriptive and qualitative analysis by conducting direct interviews with company owners. In addition, direct observation of the research object was also carried out and secondary data collection, namely online document searches and literature reviews. This study obtained results indicating that the company has made adaptations in technology in its production process. The use of technology is carried out by the company in the process of painting and drying products. The obstacle faced by companies to be able to export is the use of international languages. If these obstacles can be overcome positively, then the company will generate a competitive advantage so that MSMEs can compete and lead to internationalization. Technological innovations carried out by the company will accelerate the company's competitive advantage for internationalization and export.
APPLICATION OF UPPSALA THEORY IN THE INTERNATIONALIZATION OF FURNITURE PRODUCTS Martin; Sudarmiatin Sudarmiatin; Imam Mukhlis
PENANOMICS: International Journal of Economics Vol. 1 No. 3 (2022): December
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v1i3.58

Abstract

The research problem raised aims to find out how the process of internationalization of furniture companies is related to the Uppsala theory. This research is a case study with an object, namely the company Aida Furniture which is one of the Micro, Small and Medium Enterprises (MSMEs) engaged in the furniture industry. This research was conducted through a descriptive and qualitative approach. To obtain the necessary data, the authors conducted in-depth interviews with business owners from Aida Furniture. Determination of the subject is done purposively where the researcher determines the sampling by determining the special characteristics that are by the research objectives so that they are expected to be able to answer research problems. The biggest problem in the process of market internationalization is on the supply side where the government and universities are expected to be able to fill this gap by standardizing treatment in usage and other processes. In the internationalization process described, Uppsala's theory cannot be used to explain the internationalization process model at Aida Furniture. Meanwhile, the process of spreading sales areas can be explained by the Uppsala theory.
The Influence of Workload and Environment on Turnover Intention Through Job Satisfaction and Organizational Commitment Didik Hariyanto; Budi Eko Soetjipto; Sopiah Sopiah
PENANOMICS: International Journal of Economics Vol. 1 No. 3 (2022): December
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v1i3.72

Abstract

This research aims to analyze the effect of workload and work environment on turnover intention through job satisfaction and organizational commitment. The research sample was 175 employees who were taken by proportional random sampling. Data analysis using Partial Least Square (PLS). The research findings show that workload has a significant positive effect on job satisfaction, organizational commitment, and turnover intention directly. The work environment significantly negatively affects turnover intention, while job satisfaction and organizational commitment have a significant positive effect. Job satisfaction significantly negatively affects turnover intention, while organizational commitment has a significant positive effect. Organizational commitment has a significant negative effect on turnover intention. Indirectly, the workload negatively affects turnover intention through job satisfaction and organizational commitment. The work environment has a significant negative effect on turnover intention through job satisfaction and organizational commitment, and job satisfaction has a significant negative effect on turnover intention through organizational commitment.
APPLICATION OF HUMAN RESOURCE MANAGEMENT FREE OF ISLAMIC VALUES Nazifah Husainah; Maswanto Maswanto; M. Yusuf; Hapzah Shalsa Sabila
PENANOMICS: International Journal of Economics Vol. 1 No. 3 (2022): December
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56107/penanomics.v1i3.75

Abstract

The purpose of this study is to find out how the application of MSDM to Islamic banks, whether it is in accordance with Islamic values, by looking at the management practices carried out by Islamic banks. This research uses a qualitative method where data collection is carried out with interviews and observations in more depth during a certain period so as to be able to explore and get further information about the application of MSDM based on Islamic values. The object of this study is a bank engaged in a sharia system. Then the sample in this study is an employee at a Sharia bank who has served for more than 1 year and is a permanent employee. The results obtained state that in general, Islamic values are still considered and applied in MSDM practice in Islamic banks. The Islamic aspect is demonstrated by including some criteria, tests, or materials in some management practices. Then the spirituality side is also seen from the participation of employees in several religious activities held, this reflects the Islamic side of a person.
THE INFLUENCE OF PRICE AND PRODUCT INNOVATION ON PURCHASING DECISIONS AT FROZEN FOODKU BATAM CITY Budi Garjito; Eko Triono; Hendri Herman
PENANOMICS: International Journal of Economics Vol. 1 No. 3 (2022): December
Publisher : Yayasan Pusat Cendekiawan Intelektual Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The purpose of this study was to determine the Effect of Price and Product Innovation on Purchasing Decisions at Frozen Foodku Batam City. The formulation of the problem in the study is Does Price have a significant effect on purchasing decisions at Frozen Foodku Batam City?, Does product innovation have a significant effect on purchasing decisions at Frozen Foodku Batam City?, Does price and product innovation affect simultaneously on purchasing decisions at Frozen Foodku Batam City. This research uses a quantitative research approach. This type of research includes causal associative research. The population in this study was 2.489 consumers. The sampling technique used in this study was an axidental sampling technique with 96 respondents as research samples. The analysis used in this study is a simple linear regression analysis and multiple liner regression analysis. The results of the t test analysis showed a significant level of X1 was at the level of 0.000 (0.000<0.05) with a calculated t value of 2.505 while X2 was at the level of 0.000 (0.000>0.05) with a calculated t value of 13,114, and based on the F test the variables X 1 and X 2 were both at the level of 0.00 (0.000 <0.05). Based on the results of the study, it can be concluded that price has a significant effect on purchasing decisions and product innovation has a significant effect on purchasing decisions. And based on the F test, it is proven that price and product innovation have a significant effect on purchasing decisions. .