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Contact Name
Moh Shidqon
Contact Email
ajid.shidqon@trisakti.ac.id
Phone
+6281574360223
Journal Mail Official
mediaekonomifeb@trisakti.ac.id
Editorial Address
Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti Fakultas Ekonomi dan Bisnis Universitas Trisakti Gedung Hendriawan Sie Lantai 3, Jalan Kyai Tapa Grogol no. 1 Grogol, Jakarta 11440 Telp. +62215663232 Ext. 8334 Fax. +62215696906
Location
Kota adm. jakarta barat,
Dki jakarta
INDONESIA
Media Ekonomi
Published by Universitas Trisakti
ISSN : 08533970     EISSN : 24429686     DOI : 10.25105/me
Core Subject : Economy,
Media Ekonomi is published by Lembaga Penerbit Fakultas Ekonomi dan Bisnis (LPFEB) Universitas Trisakti. Since 2002, three times a year, (April, August, and December). This journal was accredited by Dikti of 2005-2008, and start from 2016, we change the publication frequency to twice a year (April and October). The aim of Media Ekonomi to disseminate research result in economics. This journal did not give limitation on research method, both of quantitative and qualitative can be accepted and the data from primary, secondary, and literature review. The article that was submitted can be used Bahasa or English. The decision for acceptance depends on blind review results. Several criteria to be accepted are: originality, novelty, proper research method and give real contribution for theory development, or future research or practitioners. This journal is Open Access journal. This journal allows readers to read, download, copy, distribute, print, search or link to the full texts or its articles and to use them for any other lawful purpose.
Articles 193 Documents
DETERMINASI PROFITABILITAS PERUSAHAAN ASURANSI KONVENSIONAL YANG TERDAFTAR DI BEI Nurhayati Nurhayati; Poltak Parulian Sitompul
Media Ekonomi Vol. 29 No. 2 (2021): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (435.993 KB) | DOI: 10.25105/me.v29i2.10733

Abstract

The insurance mechanism is basically a risk transfer from the insured (policy holder community) to the insurer (insurance company), and for their willingness to ensure the risk, the company benefits from the premium offered. Insurance companies are also non-bank financial institutions that have an intermediary function to channel funds from surplus spending units to deficit spending units. The concept that is run by insurance companies in seeking profit or profit is to sell services. Basically, the company does not receive a service fee because the risk of the insured is the original risk insurer and is transferred to the insurance company as the insurer. Profitability is measured through several financial ratios, one of which is Return on Assets (ROA). Using 10 companies with the model chosen is the Fixed Effect Mode. Some research results, the researcher wants to do research on the factors that affect the profitability of conventional insurance companies listed on the IDX. Based on the test results using 10 companies with the model chosen is the Fixed Effect Model with the results of all variables having a significant effect on ROA, where DER and RT have a negative effect and CT has a positive effect.
ANALISIS PENGARUH TERORISME, FLUKTUASI NILAI TUKAR, DAN STABILITAS POLITIK TERHADAP VOLATILITAS INDEKS SAHAM DI 3 NEGARA ASEAN + AS Alviyandi Lim; Nuning Trihadmini
Media Ekonomi Vol. 29 No. 2 (2021): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1830.766 KB) | DOI: 10.25105/me.v29i2.10736

Abstract

This study aims to analyze the effect of terrorism activity, exchange rate volatility, and political stability on stock index volatility, with a sample of four countries, namely: Indonesia, Thailand,  Philippines and the United States. This analysis is carried out by combining the GARCH-PANEL model, with an observation period from January 1, 2003 to December 31, 2017. The results of the study show that terrorism activities, exchange rate fluctuations, and political stability have a significant effect on capital market volatility. Among these variables, political stability has the greatest influence, followed by terrorist activity and lastly, exchange rate volatility. Terrorist activities have a negative impact on the stock index, because it causes an unfavorable investment climate so that the volatility of the stock index increases.
DETERMINASI PERTUMBUHAN EKONOMI KABUPATEN/KOTA DI PROVINSI NANGGROE ACEH DARUSSALAM Mahdawi Mahdawi; Rinaldi Rustam
Media Ekonomi Vol. 30 No. 1 (2022): April
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (645.546 KB) | DOI: 10.25105/me.v30i1.13397

Abstract

This study aims to analyze the effect of Special Autonomy Fund, Regional Tax, Personnel Expenditure, Goods and Services Spendingand Human Development Index on Gross Regional Domestic Product of regency/municipality in Nanggroe Aceh Darussalam Province from 2015 to 2019. This study used quantitative descriptive method. The research model used was an econometric model measured using panel data regression. The results of panel data regression showed that the selected model is a fixed effect model. The results found that partially, only the variable of goods and services spending has no significant effect on gross regional domestic product. Meanwhile, the variables of special autonomy fund and personnel expenditure have a negative effect on gross regional domestic product. Meanwhile, regional tax and human development index have a positive significant effect on gross regional domestic product. The variables of special autonomy fund, local tax, personnel expenditure, goods and services spending, and human development index simultaneously have a significant effect on gross regional domestic product of regency/municipality in Nanggroe Aceh Darussalam Province.
ANALISIS PERBANDINGAN INDEKS HARGA SAHAM GABUNGAN PADA BURSA EFEK INDONESIA SEBELUM DAN SESUDAH PANDEMI COVID-19 Renea Shinta Aminda; Susilo Nugroho; Raden Muhammad Jiddan Aziz; Raden Hurryaturohman; Jani subakti
Media Ekonomi Vol. 30 No. 2 (2022): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/me.v30i2.10113

Abstract

The capital market is one of the long-term financial instrument trading platforms in a country in carrying out its function, which is to attract investors to invest. The growth of the Indonesian capital market is expected to continue to be positive and sustainable with transparent information. The development of information regarding the COVID-19 pandemic which first appeared in China had an impact on its economic sector. The corona virus has spread throughout the world including Indonesia, the emergence of cases of transmission and the number of victims that continues to increase has an impact on weakening people's purchasing power. This study used the Paired Sample T-test and Normality method with SPSS 23. The period used was monthly, starting from May 2018 to October 2020 before and after the pandemic case occurred. The first data analysis used was the normality test with the Shapiro-Wilk test approach. Based on the results of the research and discussion conducted, it can be seen that there is a significant difference from the value of the Indonesian Composite Stock Price Index for the last 15 months which shows positive and significant results where the hypothesis test accepts the hypothesis Ha and rejects H0. These results are in line with research conducted by previous researchers before and after the COVID-19 pandemic.
DAMPAK PERUBAHAN VARIABEL EKONOMI MAKRO TERHADAP KINERJA KEUANGAN BUMN SEKTOR ENERGI Dzulfikar Kharisma; Sri Yani Kusumastuti
Media Ekonomi Vol. 30 No. 2 (2022): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/me.v30i2.10684

Abstract

This study aims to analyze the impact of macroeconomic variables changes on the financial performance of energy SOE’s such as PT Pertamina (Persero), PT Perusahaan Gas Negara (Persero) Tbk, PT Perusahaan Listrik Negara (Persero). These impacts are projected by using Macro Stress Test model. The results showed that from five macroeconomic variables (GDP Growth, exchange rates, oil price, interest rates, and inflation), only two variables that significantly affected the financial performance of the energy SOE’s, there are exchange rate and oil prince that have positive impact on Pertamina and PGN while at the same time give the negative impact on PLN.
ANALISIS TAX EFFORT DAERAH DI INDONESIA Ade Aida; Dini Hariyanti; Sumiyarti
Media Ekonomi Vol. 30 No. 2 (2022): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/me.v30i2.13818

Abstract

This study was conducted to analyze the effect of central government transfers on regional taxation efforts covering districts/cities in Indonesia in the 2015-2019 range after the enactment of Law Number 28 of 2009 concerning Regional Taxes and Regional Levie/ Pajak Daerah dan Retribusi Daerah (UU PDRD). This study uses a quantitative analysis approach, with an econometric model of panel data regression (unbalanced panel. The data used is in a span of 5 years, starting from 2015 to 2019 in regencies/cities in Indonesia except for cities in DKI Jakarta Province. The dependent variable used is Tax Effort is used, while the variables used in this study include General Allocation Fund/ Dana Alokasi Umum (DAU), Special Allocation Fund/ Dana Alokasi Khusus (DAK), Revenue Sharing Fund/ Dana Bagi Hasil (DBH), Population, Poor Population, and Administrative Status. Based on the results of panel data processing using regression analysis techniques, it shows that the central government transfer funds allocated to the regions through the General Allocation Fund (DAU) and the Special Allocation Fund (DAK) have a negative effect on tax effort, while the Revenue Sharing Fund (DBH) has a negative effect on tax effort. positive on regional tax effort. In addition, the results of the study also showed that the population had a negative effect on the tax effort, the number of poor people had a positive effect on the tax effort and administrative status which indicated whether the area was included in the status of a city or district area did not affect the regional tax effort. With the research results obtained, it can provide an overview of the behavior of local governments in responding to the mechanism of fiscal decentralization, especially with the many types and amounts of transfer funds to the regions, coupled with the transfer of authority to manage Rural and Urban Land and Building Taxes/ Pajak Bumi dan Bangunan Perdesaan dan Perkotaan (PBB P2) and Land Rights Acquisition Fees and Buildings/ Bea Perolehan Hak Atas Tanah dan Bangunan (BPHTB) become part of the district/city local government.
DETERMINASI TINGKAT KEMANDIRIAN FISKAL 62 KABUPATEN TERTINGGAL DI INDONESIA Nurhayati; Sri Yani Kusumastuti; Nur Hidayatullah; Agustina Suparyati
Media Ekonomi Vol. 30 No. 2 (2022): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/me.v30i2.14986

Abstract

This study aims to see the determination of regional fiskal independence in 62 underdeveloped districts in Indonesia. This research data was obtained from secondary with a sample of 62 underdeveloped districts in Indonesia from the period 2014-2019. This research uses a Multiple Linear Regression analysis tool with panel data. The test results show that those that have a sign that is in accordance with expectations and statistically significant are economic growth and local revenue with an error rate of 5%, then H1 and H3 are accepted. While the poverty rate has no effect on the fiscal independence of 62 underdeveloped districts in Indonesia, H2 is rejected. The results of this study are expected to contribute to research on regional development and sustainable development in Indonesia, especially for studies on how to reduce the backwardness of districts in Indonesia.
DETERMINAN SUKU BUNGA DASAR KREDIT (SBDK) SEKTOR KORPORASI PADA BANK BUKU 4 Budi Santosa; Erny Tajib; Jihad Ihsan Ramadan
Media Ekonomi Vol. 30 No. 2 (2022): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/me.v30i2.15072

Abstract

This study aims to determine the factors that determine the Prime lending Rate (SBDK) in the Corporate Sector at Bank BUKU 4. In this study, the researchers used these variables from seven Book 4 banks for the 2015-2019 Period in the case of the corporate sector prime lending rate. Therefore, this research data is panel data obtained from the Indonesian Banking Statistics (SPI) published by BI. Data processing is carried out using the Econometric Model of Panel Data Regression Analysis and Eviews 9.0 as processing instruments. Based on the results of data processing, it was found that the model used was Fixed Effect with the ability of independent variables (liquidity, capitalization, lending out ratio, credit risk, and efficiency) to be able to explain the dependent variable prime lending rate (SBDK) of 56.05%. However, the regression coefficient shows that only NPL and BOPO have a significant effect on the SBDK. In other words, only the level of bad loans and banking efficiency have a significant effect on the prime lending rate.
ANALISIS TAX HOLIDAY DAN FUNDAMENTAL PEREKONOMIAN NEGARA TERHADAP FOREIGN DIRECT INVESTMENT (FDI) DI ASEAN-9 Ridwan Pandu Sunaryo; Nurhayati
Media Ekonomi Vol. 30 No. 2 (2022): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/me.v30i2.15764

Abstract

In the current era of liberalization, openness to foreign capital is an important factor affecting the economic performance of a country. Foreign Direct Investment (FDI) is an important source of capital for developing countries including ASEAN member countries. This study aims to determine the effect of taxation factors, namely tax holidays and corporate income tax rates, as well as non-tax factors, namely political stability and security, regulatory quality, domestic market size, macroeconomic stability, and labor availability on FDI flows in ASEAN. This study uses panel data regression. Research data is secondary data in the form of 2010-2019 period from 9 ASEAN member countries. The results of this study indicate that taxation factors, namely tax holidays and corporate income tax rates, have no effect on FDI flows. Meanwhile, for non-taxation factors, the quality of regulations and regulations, the size of the domestic market, and macroeconomic stability have an influence on FDI flows. Other non-tax factors, namely political stability and labor availability, have no influence on FDI flows in these countries.
KOMPARASI DETERMINAN BELANJA PEMERINTAH ANTARA DAERAH PEMEKARAN DAN TIDAK DI PULAU SUMATERA, INDONESIA Roosemarina Anggraini Rambe
Media Ekonomi Vol. 30 No. 2 (2022): Oktober
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/me.v30i2.15817

Abstract

This study aims to examine the role of previous year’s tax, revenue sharing, GRDP, population, and the dummy of district status toward the local government spending in Sumatra. Tuliskan jenis/disain peneltian yang digunakan, variable yang digunakan serta struktur data yang digunakan. The study is explanatory research. The study applies the data panel regression technique. Data used is panel data of districts/cities in Sumatra from 2008 to 2019. Results show that the role of the previous year's tax, GRDP, population toward the local government spending significantly affects the local government spending of splitting and non-splitting regions. For a dummy of district status, district's government spendings are higher than those of cities’s government spendings. For splitting regions, the previous year’s tax has the strongest impact on local government spending, followed by the dummy variable of district status. Revenue sharing does not influence local government spending. For non-splitting regions, the dummy variable of district status has the biggest impact on local government spending, followed by the previous year’s tax. Revenue sharing positively influences local government spending. The study recommends that local governments encourage the growth of the business sector and manage tax revenue by implementing intensive taxation.