cover
Contact Name
Sulistyo
Contact Email
endiswk@unikama.ac.id
Phone
+62341-801488
Journal Mail Official
jurnal.modernisasi@unikama.ac.id
Editorial Address
Fakultas Ekonomika dan Bisnis Universitas Kanjuruhan Malang Jl. S. Supriadi No. 48 Malang (65148)
Location
Kota malang,
Jawa timur
INDONESIA
Jurnal Ekonomi Modernisasi
ISSN : 0216373X     EISSN : 25024078     DOI : https://doi.org/10.21067
Core Subject : Economy, Science,
Jurnal Ekonomi Modernisasi is a peer-reviewed journal that disseminates research in the fields of management and accounting. The journal publishes issues every February, June, and October. It covers a large variety of topics of management and accounting as a medium for practitioners, academics, independent researchers to publish articles that contribute to the development of science. The journal is published with fully open access. Jurnal Ekonomi Modernisasi was firstly published in printed version in 2005 (ISSN 0216-373X), but since 2016, the journal has been published online (ISSN 2502-4078). It is published by the Economics and Business Faculty, University of Kanjuruhan Malang, Indonesia. Jurnal Ekonomi Modernisasi promotes the ideas and information among researchers that have been achieved in the area of: financial management, marketing management, human resource management, behavior organizational, good governance, strategic management, entrepreneurship, management accounting, financial accounting, public sector accounting, Islamic accounting, auditing, taxation, business ethics.
Articles 307 Documents
ANALISIS PENGARUH ECONOMIC VALUE ADDED (EVA) DAN RASIO KEUANGAN TERHADAP RETURN SAHAM SYARIAH Sri Hariani, Lilik
Jurnal Ekonomi Modernisasi Vol. 6 No. 1 (2010): Februari
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (155.626 KB)

Abstract

This research investigated the simultaneous impact and partial impact of financial ratios (ROA, ROE, EPS) and Economic Value-Added (EVA) on stock return. One of the four independent variables, that is EVA, are new concepts for measuring financial performance. Explanatory method was used in this research, and the sample was collected using purposive sampling method from Jakarta Islamic Index listed in Bursa Efek Indonesia (BEI, Indonesia Stock Exchange) for the period 2005 - 2007. Multiple linear regression was used for the analysis in this research.The result of the analysis shows that all independent variables, that is Return on Assets (ROA), Return on Equity (ROE), Earnings per Share (EPS) and EVA have both simultaneous and partial impact on the dependent variable, that is stock return. An interesting finding is that the regression coefficients are different among the variables. ROE and EPS were found to have positive and significant impact on dependent variable while EVA and ROA were found to have negative and significant impact on dependent variable. A positive value for ROE means that the ROE variable can be taken as a measure for a company’s effectivity in utilizing equity in the effort to gain profit. While EPS was found to have the most dominant impact on stock price. The higher the EPS, the greater management’s success in gaining profit for the shareholder or investors. ROA was found to have negative and significant. A finding of this research which is contrary to previous research is that economic value added (EVA) was found to have negative and significant impact on stock price. However this finding can be explained as follows: first, the average debt in the companies in the sample is greater than the value of their equity so that EVA will increase due to the reduction in WACC. The increase in EVA is accompanied by a reduction in stock return. Second, positive EVA is not accompanied by any increase of stock performance in the market; and third, stock prices in BEJ are affected more by non-fundamental factors. However, it should be noted that though a company may have negative EVA, but when the market believes that the company or the industrial sector of the company has a good future, then stock return will be high.
PENGARUH PENGEMBANGAN SUMBER DAYA MANUSIA TERHADAP PRODUKTIVITAS KERJA KARYAWAN PADA PT. CAKRA GUNA CIPTA MALANG Rusminingsih, Diah
Jurnal Ekonomi Modernisasi Vol. 6 No. 1 (2010): Februari
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (207.229 KB)

Abstract

Penelitian ini bertujuan untuk mengetahui pengaruh antara pengembangan sumber daya manusia dengan produktivitas kerja karyawan pada PT. Cakra Guna Cipta Malang, baik secara parsial maupun simultan serta untuk mengetahui variabel mana yang berpengaruh paling dominan terdadap produktivitas kerja karyawan. Desain penelitian ini adalah kausal komperatif dengan menggunakan data primer dan data sekunder. Metode pengumpulan data dengan menggunakan kuisioner, wawancara dan dokumentasi. Instrumen penelitian diuji dengan uji validitas dan uji reliabilitas.Teknik analisa data yang digunakan adalah analisa regresi linier berganda yang kemudian diuji dengan uji asumsi klasik, yaitu uji normalitas, multikolinieritas dan heteroskedastisitas. Hasil analisa menunjukkan bahwa terdapat pengaruh yang signifikan baik secara parsial maupun simultan antara variabel pengembangan sumber daya manusia dengan produktivitas kerja karyawan. Dilihat dari koefisian regresi masing – masing variabel bebas, maka variabel pemberian kompensasi dan tunjangan merupakan variabel yang paling dominan pengaruhnya terhadap produktivitas kerja karyawan pada PT. Cakra Guna Cipta Malang.
KESEMPATAN BERTUMBUH DAN MANAJEMEN LABA: UJI POLITICAL COST HYPOTHESIS Susilawati, R. Anastasia Endang
Jurnal Ekonomi Modernisasi Vol. 6 No. 1 (2010): Februari
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (124.011 KB)

Abstract

In this paper, we test political cost hypothesis in Indonesian market. Political cost hypothesis said that some firms that are more vulnerable to political cost than the others manage income downward to avoiding the attention of government and regulator. In this context we evaluate firms with high investment opportunity set (IOS). Firm with high IOS faces more political cost than firm with low IOS. So it is hypotesized that they will be lowering income to minimize the political cost, like increasing demand of labor union, government intrusion, antitrust regulator and the other. Consistent with previous study, we find that firm with high investment opportunity set manage accrual downward to counter the potential government intrusions and to reduce the political cost.
PENGEMBANGAN USAHA KECIL DAN MENENGAH DENGAN BASIS EKONOMI KERAKYATAN DI KABUPATEN MALANG Sulistyo, Sulistyo
Jurnal Ekonomi Modernisasi Vol. 6 No. 1 (2010): Februari
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (55.225 KB)

Abstract

Penelitian ini bertujuan Mendiskripsikan tatanan ekonomi khususnya UKM di Kab. Malang melalui telaah performance  yang berbasis ekonomi kerakyatan, mendiskripsikan permasalahan yang dihadapi UKM, mendiskripsikan upaya-upaya pemecahan permasalahan UKM, mendiskripsikan aksebilitas akses kegiatan UKM, mendiskripsikan peluang pengembangan kegiatan ekonmi UKM terutama di Kaupaten Malang. Penelitian ini menggunakan metode analisis deskriptif kualitatif. Hasil penelitian ini menunjukkan bahwa secara umum permasalahan UKM di Kabupaten Malang terkait dengan Permodalan, Pemasaran, Manajemen dan Sumber Daya Manusia Yang Lemah. Model pengembangan UKM yang bias ditempuh dengan Merubah Model Piramide Menjadi Model Belah Ketupat yang bercirikan ekonomi kerakyatan. Berbagai upaya yang efektif dalam pengemngan UKM antara lain : penciptaan iklim usaha yang kondusif, bantuan permodalan, perlindungan usaha, pengembangan kemitraan, adanya pelatihan, membentuk lembaga khusus, pemnatapan aosiasi, pengembangan promosi, pengembangan kerjasama setara dsb.
ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI KEUNGGULAN KOMPARATIF DAN KEUNGGULAN KOMPETITIF PADA UKM PENGRAJIN BATU MARMER DI KABUPATEN TULUNGAGUNG Nu Graha, Andi
Jurnal Ekonomi Modernisasi Vol. 6 No. 1 (2010): Februari
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (126.35 KB)

Abstract

Marketing Global was viewed that could give basically of business performance. It had been controlled and measured. Whereas certain business do not have attention toward global market. The development of middle and small industries face regional market and global market have to base with strongest effort and continuity. Hence, the production of middle and small business has comparative advantages  competitive advantages. The purpose of this research is to know the various factors both comparative and competitive advantages in middle and small businesess of Marble Stones in Tuluagung Region, East Java. The analysis research are found : (1) The main problem of comparative advantages in middle and small businesess was the lower of wages labor, (2) the largest of scope area, (3) the aglomeration area and the government policies. The result of this research are production factors, the similar industries and the industries supported.
Towards Systems Thinking in Ethical Management to the Environment: A Solution for Conflict of Interest Putri Larasati, Ika
Jurnal Ekonomi Modernisasi Vol. 6 No. 2 (2010): Juni
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (114.705 KB)

Abstract

Multiple stakeholders refer to different interests that are vulnerable to create conflict of interest. The condition requires an effective management to satisfy stakeholders without ignoring ethical practices to the environment. It demands systems thinking which makes companies realise that their activities influence stakeholders whilst stakeholders’ actions have impact on companies. However, several companies preclude the systems thinking which gives consequence to unsolved conflict and even creates worse problems. Gunns Limited Company Australia (Gunns) is one of example ofthese companies.Gunnsactivities in the Tasmania forest generated public criticisms because Gunns was considered as a firm that deterioratedthe environment, humans’health and communities’ job. Different stakeholders’ views on this case might lead to environmental safety or environmental destructions. With this background, this essay attempts to analyzethe application of systems thinking (under stakeholder theory) in the process of ethical management to the environment in order to solve the conflict of interests. Hopefully, this paper will significantly contribute to overcome similar issues in Indonesia and also contributes to further researches related to systems thinking as a solution for conflict of interest.
ANALISIS FREE CASH FLOW DAN KEPEMILIKAN MANAJERIAL TERHADAP KEBIJAKAN HUTANG PADA PERUSAHAAN PUBLIK DI INDONESIA Susilawati, R. Anastasia Endang
Jurnal Ekonomi Modernisasi Vol. 6 No. 2 (2010): Juni
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (182.277 KB)

Abstract

The main objective of this research is to examine behavior public company in Indonesia to manage of free cash flows and the role namagerial ownership on corporate debt policy. The using dependent variable on this research is debt, so independent variables are free cash flows and managerial ownership. The sample used was the public companies listed in the Jakarta Stock Exchange (JSX). There were 59 companies which have and during the period from 2005-2009. Data collected by purposive sampling. The result examination is that public company in Indonesia have low investment opportunity set (IOS) when free cash flow high attending by using debt for cost operation company. This result robust because evidence with chow test the result that significant difference regression stability between free cash flow to corporate debt policy have low and high investment opportunity set. Although, when dividend based big company have low investment opportunity and small company have low investment opportunity, both have the same effect between free cash flow on corporate debt policy. The result chow test suggest examination there are not statistically significant difference. Managerial ownership association negative with debt policy, this result evidence that agency cost of debt can be reduce by managerial ownership
ANALISIS PERILAKU KONSUMEN DALAM KEPUTUSAN PEMBELIAN SEPEDA MOTOR PADA MAHASISWA SE-MALANG RAYA Asna, Asna
Jurnal Ekonomi Modernisasi Vol. 6 No. 2 (2010): Juni
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (45.772 KB)

Abstract

The development of motor vehicle industries especially motorcycle industries is an interesting phenomenon. Since the economic of Indonesia was declined, motorcyle industries indicated the improvment of sales. This research is trying to see the impact of the stimulus towards the customer purchase decision, when they buy motorcyle. It was sutdy on the University sudents  in Malang. The customer behavior is studied from the factors influencing that behavior, such as social, personal, psychological and cultural factors, whereas the customer purchase decision is studied from the decision making process, which is decided into fully planned purchases. The result of the research, which is taken from 100 respondents, shows that cultural, psychological and factors have positive influences sifnificantly towards the customer purchase decision. Whereas, from social and personal factors, it has no influences on the customer purchase decision.
PENGARUH PENDIDIKAN DAN PELATIHAN (DIKLAT) TERHADAP KINERJA PEGAWAI NEGERI SIPIL PADA SEKRETARIAT DAERAH KOTA MALANG Dartha, I Ketut
Jurnal Ekonomi Modernisasi Vol. 6 No. 2 (2010): Juni
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (216.011 KB)

Abstract

Penelitian ini bertujuan untuk mengetahui pengaruh secara simultan variabel  pendidikan dan pelatihan dalam bentuk metode yang digunakan, materi diklat dan pelatih diklat  terhadap kinerja pegawai Sekretariat Daerah Kota Malang, untuk mengetahui pengaruh secara parsial variable pendidikan dan pelatihan dalam bentuk metode yang digunakan, materi diklat dan pelatih diklat terhadap kinerja pegawai Sekretariat Daerah Kota Malang, dan untuk mengetahui variabel mana dari pendidikan dan latihan yang berpengaruh paling dominan terhadap kinerja pegawai Sekretariat Daerah Kota Malang. Populasi dalam penelitian ini  adalah Pegawai Sekretariat Daerah Kota Malang sebanyak 220  orang dengan jumlah sampel sebanyak 70 responden. Teknik pengambilan sampel menggunakan metode Proportional Stratified Random Sampling. Teknik pengumpulan data yang digunakan adalah kuisioner, observasi dan dokumnetasi. Alat uji instrumen penelitian ini adalah uji validitas dan uji reabilitas. Sedangkan untuk pengujian hipotesis menggunakan uji F dan uji t. Dalam penelitian ini peneliti juga menggunakan analisis regresi linear berganda untuk menganalisis data dan diperkuat dengan uji asumsi klasik yaitu  uji normalitas, uji multikolinearitas dan  uji heterokedastisitas.  Hasil analisa data menunjukkan bahwa variabel pendidikan dan pelatihan  berpengaruh secara signifikan  baik secara simultan dan parsial terhadap kinerja pegawai Sekretariat Daerah Kota Malang dan variabel materi diklat  merupakan variabel yang paling dominan
PENGARUH PENGGUNAAN INTERNET SEBAGAI SALAH SATU SUMBER BELAJAR TERHADAP PRESTASI MAHASISWA PENDIDIKAN EKONOMI UNIVERSITAS KANJURUHAN MALANG Rusno, Rusno
Jurnal Ekonomi Modernisasi Vol. 6 No. 2 (2010): Juni
Publisher : Fakultas Ekonomika dan Bisnis, Universitas Kanjuruhan Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (130.716 KB)

Abstract

Tujuan dari penelitian ini adalah untuk (1) mengetahui penggunaan internet sebagai sumber belajar bagi mahasiswa Pendidikan Ekonomi Universitas Kanjuruhan Malang (2) mengetahui pengaruh penggunaan internet terhadap prestasi belajar bagi mahasiswa Pendidikan Ekonomi Universitas Kanjuruhan Malang. Variabel bebas dalam penelitian ini (X) penggunaan internet sedangkan variabel terikatnya adalah prestasi belajar (Y). Jenis penelitian ini adalah deskriptif. Populasi penelitian ini berjumlah 387 mahasiswa dan sampel berjumlah 96 siswa. Teknik pengambilan sampel yang digunakan adalah proportional random sampling dengan menggunakan instrumen kuesioner. Untuk menguji kelayakan instrumen digunakan uji validitas dan reliabilitas. Teknik pengumpulan data menggunakan kuesioner dan dokumentasi. Penelitian ini menggunakan teknik analisis deskriptif dan analisis regresi linear sederhana. Sedangkan untuk menguji kelayakan regresi dilakukan uji asumsi klasik dan keseluruhan analisis ini menggunakan bantuan program SPSS Versi 17.00. Berdasarkan hasil penelitian ini diketahui bahwa  penggunaan internet sebagai salah satu sumber belajar berpengaruh terhadap prestasi belajar mahasiswa pendidikan ekonomi Universitas Kanjuruhan Malang sebesar 10,4%. Rendahnya pengaruh internet terhadap prestasi belajar mahasiswa tersebut karena penggunaan internet masih lebih banyak sebagai media hiburan serta masih belum semua dosen dalam memberikan tugas berbasis internet.

Page 1 of 31 | Total Record : 307


Filter by Year

2005 2023


Filter By Issues
All Issue Vol. 19 No. 1 (2023) Vol. 18 No. 3 (2022) Vol. 18 No. 2 (2022): Juni Vol. 18 No. 1 (2022): Februari Vol. 17 No. 3 (2021): Oktober Vol. 17 No. 2 (2021): Juni Vol. 17 No. 1 (2021): Februari Vol. 16 No. 3 (2020): Oktober Vol. 16 No. 2 (2020): Juni Vol. 16 No. 1 (2020): Februari Vol. 15 No. 3 (2019): Oktober Vol. 15 No. 2 (2019): Juni Vol. 15 No. 1 (2019): Februari Vol. 14 No. 3 (2018): Oktober Vol. 14 No. 2 (2018): Juni Vol. 14 No. 1 (2018): Februari Vol. 13 No. 3 (2017): Oktober Vol. 13 No. 2 (2017): Juni Vol. 13 No. 1 (2017): Februari Vol. 12 No. 3 (2016): Oktober Vol. 12 No. 2 (2016): Juni Vol. 12 No. 1 (2016): Februari Vol. 11 No. 3 (2015): Oktober Vol. 11 No. 2 (2015): Juni Vol. 11 No. 1 (2015): Februari Vol. 10 No. 3 (2014): Oktober Vol. 10 No. 2 (2014): Juni Vol. 10 No. 1 (2014): Februari Vol. 9 No. 3 (2013): Oktober Vol. 9 No. 2 (2013): Juni Vol. 9 No. 1 (2013): Februari Vol. 8 No. 3 (2012): Oktober Vol. 8 No. 2 (2012): Juni Vol. 8 No. 1 (2012): Februari Vol. 7 No. 3 (2011): Oktober Vol. 7 No. 2 (2011): Juni Vol. 7 No. 1 (2011): Februari Vol. 6 No. 3 (2010): Oktober Vol. 6 No. 2 (2010): Juni Vol. 6 No. 1 (2010): Februari Vol. 5 No. 3 (2009): Oktober Vol. 5 No. 2 (2009): Juni Vol. 5 No. 1 (2009): Februari Vol. 4 No. 3 (2008): Oktober Vol. 4 No. 2 (2008): Juni Vol. 4 No. 1 (2008): Februari Vol. 3 No. 3 (2007): Oktober Vol. 3 No. 2 (2007): Juni Vol. 3 No. 1 (2007): Februari Vol. 2 No. 3 (2006): Oktober Vol. 2 No. 2 (2006): Juni Vol. 2 No. 1 (2006): Februari Vol. 1 No. 3 (2005): Oktober Vol. 1 No. 2 (2005): Juni Vol. 1 No. 1 (2005): Februari More Issue