Economy, Business, Finance, Accounting & Management Journal
Economy, Business, Finance, Accounting & Management Journal is a peer-reviewed academic journal dedicated to publishing high-quality research in the fields of economics, business, finance, accounting, and management. Our mission is to serve as a platform for academics, practitioners, and researchers to disseminate innovative, relevant, and impactful studies that contribute to the advancement of knowledge and professional practices. Economy, Business, Finance, Accounting & Management Journal Collaboration with Trijaya Krama Polytechnic, Universitas Bina Sarana Informatika, Universitas Bumigora and others. to maintain publication quality. Vision To become a leading journal in the fields of economics, business, finance, accounting, and management, contributing to the development of knowledge and professional practices at both national and international levels. Mission Publish high-quality research with academic and practical value. Foster the exchange of ideas and academic discussions among scholars and practitioners. Provide an open-access platform for researchers from diverse backgrounds to share knowledge. Uphold academic ethics and integrity in every publication. Support the development of economics and business through research and innovation. Economy, Business, Finance, Accounting & Management Journal welcomes research articles, case studies, literature reviews, and conceptual papers covering various strategic issues in economics, business, finance, accounting, and management. All submitted articles undergo a rigorous peer-review process to ensure their quality and relevance. We invite academics, professionals, and researchers to contribute to Economy, Business, Finance, Accounting & Management Journal and collaborate in expanding knowledge in the fields of economics and business. Email: [editor.ebfam@gmail.com] Website: [link]
Talent Management Strategies for Navigating Organizational Digital Transformation
Digital transformation has become a strategic necessity for organizations as they navigate technological advancements, shifting business models, and intensifying global competition. In this context, talent management plays a critical role in ensuring the availability of human resources with digital competencies, adaptability, and the readiness to navigate organizational change. This study aims to analyze effective talent management strategies that support the success of an organization’s digital transformation. The research method employed is a quantitative approach using a survey technique targeting employees and managers across various organizations currently implementing digital transformation. Data was collected via questionnaires and analyzed using descriptive statistics and linear regression. The results indicate that talent management strategies encompassing talent identification, digital competency development, succession planning, and employee retention have a positive and significant impact on the success of an organization’s digital transformation. Additionally, technology-based training programs and a culture of continuous learning have been shown to enhance employees’ readiness to adopt digital changes. In conclusion, the implementation of integrated talent management strategies focused on developing digital competencies is a key factor in enhancing competitiveness and supporting the sustainable success of an organization’s digital transformation.
Copyright (c) 2025 Agustin, Firdaus, Nurcahyati (Author) https://creativecommons.org/licenses/by-nc/4.0
The Impact of Internal Control Systems on Fraud Prevention in Public Sector Organizations
Fraud is a common problem in public sector organizations and can result in financial losses to the state, a decline in the quality of public services, and a loss of public trust in government institutions. One measure that can be taken to minimize the risk of fraud is the implementation of an effective internal control system. This study aims to analyze the impact of internal control systems on fraud prevention in public sector organizations. The research method used is a quantitative approach with data collection techniques through the distribution of questionnaires to employees in public sector organizations. The data obtained were analyzed using linear regression analysis to test the relationship between the internal control system and fraud prevention variables. The results show that the internal control system has a positive and significant effect on fraud prevention. The better the implementation of the control environment, risk assessment, control activities, information and communication, and monitoring activities, the higher the level of fraud prevention within the organization. The conclusion of this study affirms that strengthening internal control systems is a critical factor in fostering transparent, accountable, and fraud-free governance in public sector organizations
Copyright (c) 2025 Davila (Author) https://creativecommons.org/licenses/by-nc/4.0
The Role of Work Motivation and Job Satisfaction in Improving Employee Productivity
This study aims to analyze the role of work motivation and job satisfaction in improving employee productivity within an organization. Work motivation is an internal factor that drives individuals to perform optimally in achieving organizational goals, while job satisfaction reflects employees’ level of comfort and positive feelings toward their work. The research method employed is a quantitative approach, with data collected through the distribution of questionnaires to employees. The data obtained were analyzed using statistical techniques to test the influence of work motivation and job satisfaction on employee productivity. The results indicate that work motivation and job satisfaction have a positive and significant influence on employee productivity, both partially and simultaneously. Employees with high motivation and good job satisfaction tend to demonstrate more effective and efficient performance and are able to achieve work targets optimally. These findings indicate that organizations need to pay attention to aspects of work motivation and job satisfaction through policies that support career development, the provision of rewards, and the creation of a conducive work environment to sustainably improve employee productivity
Copyright (c) 2025 Permatasari, Firmansyah, Wijayanti (Author) https://creativecommons.org/licenses/by-nc/4.0
Analysis of the Effects of the Work Environment and Workload on Employee Performance
Employee productivity is one of the key factors determining an organization’s success in achieving its business objectives. However, productivity levels are often influenced by various internal factors, particularly work motivation and job satisfaction. Highly motivated employees tend to demonstrate greater enthusiasm, commitment, and better performance, while job satisfaction can enhance loyalty and the quality of work output. This study aims to analyze the role of work motivation and job satisfaction in improving employee productivity. The research method used is a quantitative approach with data collection techniques through the distribution of questionnaires to employees within an organization. The data obtained were analyzed using multiple linear regression to test the influence of each variable on work productivity. The results indicate that work motivation and job satisfaction have a positive and significant effect on employee productivity, both partially and simultaneously. Work motivation was found to drive improvements in individual performance, while job satisfaction fosters a work environment that supports the achievement of organizational goals. Thus, it can be concluded that enhancing work motivation and job satisfaction is an effective strategy for boosting employee productivity and supporting the organization’s sustained success
Copyright (c) 2025 Rahmawati, Asmawiyah, Hidayat (Author) https://creativecommons.org/licenses/by-nc/4.0
The Impact of Transformational Leadership on Employee Performance in Government Agencies
This study aims to analyze the influence of transformational leadership on employee performance in government agencies. Transformational leadership is a leadership style that emphasizes a leader’s ability to provide inspiration, motivation, ideal influence, and individual attention to subordinates in order to enhance organizational effectiveness. The study employs a quantitative approach using a survey method. Data were collected through the distribution of questionnaires to government agency employees who served as research respondents. Data analysis was conducted using inferential statistical techniques to test the relationship and influence between transformational leadership variables and employee performance. The results of the study indicate that transformational leadership has a positive and significant effect on employee performance. The higher the application of transformational leadership by leaders, the higher the level of employee performance, as evidenced by improvements in work quality, work quantity, timeliness, responsibility, and teamwork. These findings indicate that the application of transformational leadership can be an effective strategy for improving productivity and the quality of public services. Therefore, government agencies need to encourage the development of transformational leadership competencies at every managerial level to support the optimal achievement of organizational goal
Copyright (c) 2025 Safitri, Indah, Hartati (Author) https://creativecommons.org/licenses/by-nc/4.0
Effect of profit quality on stock prices in manufacturing companies
This study examines the effect of earnings quality on stock prices in manufacturing companies, with the aim of providing empirical evidence on how reliable and informative financial reporting influences market valuation. Earnings quality, defined as the extent to which reported earnings reflect a company’s true economic performance, is a critical factor in investment decision-making. Low-quality earnings, often influenced by aggressive accounting practices, can distort investors’ perceptions and lead to mispricing in capital markets. Using a sample of manufacturing companies listed on the Indonesia Stock Exchange over the 2018–2023 period, this research employs a quantitative approach with panel data regression analysis. Earnings quality is measured through accrual-based and real earnings management indicators, while stock prices are captured through year-end closing prices. Control variables include firm size, leverage, and growth opportunities. The results indicate that higher earnings quality has a significant positive effect on stock prices, suggesting that investors value transparent and sustainable earnings information. Conversely, firms with low earnings quality tend to experience weaker market valuations, reflecting reduced investor confidence. These findings highlight the importance of enhancing the credibility of financial reporting through robust accounting standards and effective corporate governance. The study contributes to the literature on capital market efficiency and offers practical implications for policymakers, investors, and corporate managers
Copyright (c) 2025 Zizi Maharizy, Tya Yuliantika Yuliantika (Author) https://creativecommons.org/licenses/by-nc/4.0
Analysis of the influence of motivation and work environment on employee productivity
This study analyzes the influence of motivation and work environment on employee productivity, aiming to provide empirical evidence on how these two factors contribute to optimal organizational performance. Employee productivity is a critical determinant of business competitiveness, particularly in dynamic and competitive markets. Motivation, both intrinsic and extrinsic, drives employees to perform tasks effectively, while a conducive work environment encompassing physical conditions, organizational culture, and interpersonal relationships supports consistent performance. The research employs a quantitative approach using a survey method. Data were collected from 150 employees across various departments in a medium-sized manufacturing company through structured questionnaires. Motivation was measured using indicators of intrinsic satisfaction and extrinsic rewards, while the work environment was assessed through physical comfort, workplace safety, and social interaction quality. Employee productivity was measured based on self-reported output, efficiency, and goal attainment. Multiple regression analysis was applied to test the hypotheses. The results reveal that both motivation and work environment have significant positive effects on employee productivity. Motivation demonstrates a slightly stronger influence, indicating that psychological and reward-based drivers play a key role in enhancing performance. However, the work environment also contributes meaningfully, emphasizing the importance of providing safe, comfortable, and socially supportive conditions. These findings suggest that organizations should integrate motivational strategies with workplace improvements to achieve sustainable productivity growth
Copyright (c) 2025 Rentina Ambarita, Ruth Saulina Hasugian Hasugian (Author) https://creativecommons.org/licenses/by-nc/4.0
Income distribution inequality and its implications for regional economic growth
Income distribution inequality remains a critical challenge in achieving sustainable and inclusive economic growth. This study examines the relationship between income inequality and regional economic growth, with a focus on identifying the mechanisms through which unequal distribution of income influences long-term development trajectories. Using panel data from multiple regions over a ten-year period, the research employs the Gini coefficient as a measure of inequality and real GDP growth rates as an indicator of economic performance. Econometric analysis is conducted using fixed-effects and generalized method of moments (GMM) estimations to address potential endogeneity issues. The findings reveal a non-linear relationship, where moderate inequality may initially stimulate investment and growth by concentrating capital among high-saving households, but excessive inequality tends to hinder growth through reduced aggregate demand, limited human capital development, and social instability. The study also finds that regions with better access to education, healthcare, and infrastructure exhibit greater resilience to the negative effects of inequality. Policy implications suggest that promoting equitable access to economic opportunities particularly through targeted fiscal policies, progressive taxation, and investment in social infrastructure can mitigate inequality without discouraging productivity and innovation. This research contributes to the ongoing discourse on inclusive growth strategies and underscores the need for region-specific approaches in addressing income disparities to foster balanced and sustainable economic development
Copyright (c) 2025 Marshanda, Kinanti (Author) https://creativecommons.org/licenses/by-nc/4.0
Analysis of the effect of job satisfaction on millennial employee turnover intention
This study analyzes the effect of job satisfaction on turnover intention among millennial employees, a workforce segment increasingly dominating organizational structures. The millennial generation is often characterized by high career mobility, distinct workplace expectations, and strong value orientation toward meaningful work–factors that can influence their decision to remain in or leave an organization. Using a quantitative approach, primary data were collected through a structured questionnaire distributed to 215 millennial employees across various industries in urban areas. Job satisfaction was measured across key dimensions including work environment, compensation, career development, leadership style, and work–life balance, while turnover intention was assessed through indicators of withdrawal cognition, job search behavior, and intention to quit. The data were analyzed using multiple linear regression to determine the strength and significance of the relationship between job satisfaction and turnover intention. The findings reveal a statistically significant negative relationship between job satisfaction and turnover intention (p < 0.05), indicating that higher job satisfaction leads to a lower likelihood of turnover intention among millennial employees. Among the satisfaction dimensions, career development opportunities and leadership style emerged as the most influential factors. These results underscore the need for organizations to design employee engagement strategies tailored to the values and expectations of millennials. By enhancing job satisfaction, employers can reduce turnover risk, retain talent, and maintain organizational stability in an increasingly competitive labor market
Copyright (c) 2025 Fatimah Aulina, Santika Putri (Author) https://creativecommons.org/licenses/by-nc/4.0
Effect of financial accounting standards implementation on the quality of MSME financial statements
The implementation of Financial Accounting Standards (FAS) plays a critical role in improving the quality of financial statements, particularly for Micro, Small, and Medium Enterprises (MSMEs). This study aims to examine the effect of FAS implementation on the quality of MSME financial statements in terms of relevance, reliability, comparability, and understandability. Using a quantitative research design, data were collected through structured questionnaires distributed to 120 MSME owners and accountants across various sectors. The responses were analyzed using multiple linear regression to assess the relationship between the level of FAS implementation and the perceived quality of financial reporting. The results indicate that the proper adoption of FAS has a significant positive impact on all dimensions of financial statement quality. MSMEs that fully comply with FAS tend to produce more accurate, transparent, and consistent reports, enhancing stakeholder trust and decision-making effectiveness. However, the study also reveals that a lack of technical knowledge, limited resources, and inadequate training remain major barriers to optimal FAS implementation. These findings highlight the need for targeted capacity-building programs, simplified reporting guidelines, and government support to ensure broader compliance among MSMEs. The research contributes to the literature by providing empirical evidence of the crucial role FAS plays in improving financial reporting quality and offers practical implications for policymakers, regulators, and business owners aiming to strengthen MSME financial governance
Copyright (c) 2025 Ayunda Natalia (Author) https://creativecommons.org/licenses/by-nc/4.0
Adaptive Strategies in Building Business Resilience Amidst the Dynamics of Management Change
This study explores the implementation of adaptive strategies to build business resilience amid dynamic changes in management. Utilizing a qualitative approach with case study methods, the research examines how organizations respond to internal and external pressures through flexible decision-making, continuous learning, and proactive leadership. The findings reveal that adaptive strategies significantly enhance organizational resilience by enabling businesses to navigate uncertainty, innovate, and maintain competitive advantage. However, challenges such as resource constraints and resistance to change can impede the effectiveness of adaptation efforts. This study contributes both theoretically and practically by providing insights into the integration of adaptive strategies in managing change and sustaining business continuity in volatile environments
Copyright (c) 2025 Mariana Christin, Roma Sondang (Author) https://creativecommons.org/licenses/by-nc/4.0
Evaluasi Hubungan antara Penerapan Environmental, Social & Governance (ESG) dan Efisiensi Perusahaan: Studi pada Indeks Sri-Kehati
This study aims to investigate the effect of Environmental, Social, and Governance (ESG) scores on firm performance. Corporate performance is measured through the ratio of total asset turnover. The data used is historical annual data for 5 years from companies listed in the Sri-Kehati index. The method used in this research is regression analysis with a quantitative approach, where secondary data for the 2019-2023 period is obtained from various databases such as Refinitiv Eikon, RTI Business, Sustainalytics, and MSCI ESG Ratings. The results show that there is a negative relationship between ESG scores and total asset turnover, indicating that an increase in ESG scores correlates with a decrease in efficiency in the utilization of company assets
Copyright (c) 2025 Desti Nasution, Salma Ivana (Author) https://creativecommons.org/licenses/by-nc/4.0
Evaluation of Complaint Handling by Guest Relation Officer at Zeus Restaurant, Apsara Beach Front Resort and Villa
This research examines the role of Guest Relations Officers (GROs) in handling guest complaints at Zeus Restaurant, Apsara Beach Front Resort and Villa, Thailand, focusing on the effectiveness of various complaint management strategies and their impact on guest satisfaction. Using a qualitative research approach, the study involved semi-structured interviews with 10 GROs to explore the most common types of complaints, the resolution strategies implemented, and the outcomes of these strategies. Findings show that the main grievances relate to service delays, food quality, and staff behavior. GROs effectively addressed complaints through immediate acknowledgement, empathic communication, and prompt problem-solving. The research highlights the importance of follow-up, such as rechecking guest conditions and providing compensation, in improving guest satisfaction and loyalty. . The study emphasizes the importance of GRO training in emotional intelligence and problem-solving skills, and suggests the use of advanced technology and a structured complaint management system to maintain high service standards. This study contributes to the understanding of effective complaint handling practices in luxury hospitality environments and provides insights for the improvement of guest relations and operational excellence
Copyright (c) 2025 Natalia Aulia (Author) https://creativecommons.org/licenses/by-nc/4.0
Structural Change and Decent Work Assessing Employment Outcomes in Developing Countries through a Dynamic Panel Approach
Copyright (c) 2025 Naetty Tania (Author) https://creativecommons.org/licenses/by-nc/4.0
Structural Transformation and Employment Quality in Developing Countries Between Economic Growth and Social Inequality
Structural transformation is an important process in the economic development of developing countries, characterized by the shift of labor from the traditional sector to the modern sector. This article analyzes how structural transformation affects the quality of employment, focusing on indicators of work formality, wages, social security, and productivity. Based on panel data from several developing countries between 2000 and 2022, it is found that despite a large shift of labor to the industrial and service sectors, improvements in employment quality do not always follow. Institutional factors, education, and labor policies are key in ensuring that structural transformation yields inclusive benefits
Copyright (c) 2025 Ruth Syarma (Author) https://creativecommons.org/licenses/by-nc/4.0
The Effect of Umkm on Improving Community Welfare in Disadvantaged Areas
This study examines the influence of Micro, Small, and Medium Enterprises (UMKM) on improving community welfare in underdeveloped regions. UMKM plays a crucial role in fostering local economic growth by providing employment opportunities, increasing household incomes, and reducing poverty in these areas. This research explores the contribution of UMKM to local socio-economic development, focusing on their role in creating jobs, enhancing education through skill development, and facilitating social mobility. Furthermore, the study investigates the challenges faced by UMKM, including limited access to financing, technology, and markets, which hinder their growth and sustainability. The findings highlight the importance of supportive government policies, infrastructure development, and capacity-building programs in overcoming these barriers. The study concludes that UMKM is a vital driver of economic and social transformation in underdeveloped regions, contributing significantly to the improvement of community welfare. The research provides practical recommendations for policymakers, financial institutions, and other stakeholders to strengthen UMKM’s role in driving sustainable development in these areas
Copyright (c) 2025 Karolina Anisa, Boy Hastro (Author) https://creativecommons.org/licenses/by-nc/4.0
The Effect of Agricultural Modernisation on Food Security and Economic Growth
This study aims to analyze the effect of agricultural modernization on food security and economic growth in Indonesia. Agricultural modernization, which includes the application of new technologies, improved irrigation systems, and more efficient use of fertilizers and pesticides, is believed to increase agricultural output and strengthen food security. However, its impact on the regional and national economy is still a topic that requires in-depth study. This study uses quantitative methods with regression analysis to measure the relationship between agricultural modernization and food security and economic growth variables. The data used includes statistics on agricultural production, food consumption levels, and regional economic indicators over the past 10-year period. The results show that agricultural modernization has a significant positive impact on food security, especially in increasing food productivity and reducing dependence on imports. In addition, it has also contributed to economic growth, by increasing farmers' income and creating jobs in the agricultural sector. However, the study also found challenges in the uneven application of technology across regions, which could widen economic disparities between regions. Therefore, policies that support technology extension and equitable access to agricultural modernization are needed to maximize its benefits
Copyright (c) 2025 Syadit Demurian, Syananda (Author) https://creativecommons.org/licenses/by-nc/4.0
The Influence of the Role of the Digital Economy in Advancing Economic Growth in Indonesia
This study aims to evaluate the impact of the digital economy on financial inclusion in Indonesia and analyze the challenges faced in its implementation. In recent years, the rapid development of digital technology has opened up great opportunities to expand access to financial services in Indonesia, especially for people who were previously unreached by the traditional banking system. However, despite significant progress, there are still various obstacles that hinder the achievement of optimal financial inclusion, such as the digital divide, low financial literacy, and data security issues. This research uses a qualitative and quantitative approach by analyzing data from various sources, including surveys of digital financial service users, government reports, and case studies of digital financial inclusion policy implementation. The results show that the digital economy has great potential to improve financial inclusion, but the main challenges lie in the technology access gap, socio-economic inequality, and the need to strengthen data protection and transaction security regulations. Based on these findings, this study provides policy recommendations involving digital infrastructure upgrades, digital financial literacy education, and strengthened security regulations to support the achievement of greater financial inclusion in Indonesia. It also suggests further studies to understand the long-term impact of the digital economy on reducing social and economic inequality and the effectiveness of existing policies
Copyright (c) 2025 Erik eltomoro, Gracia Velicia (Author) https://creativecommons.org/licenses/by-nc/4.0
Digital Economy as a Catalyst for Financial Inclusion in Indonesia: Evaluating Impact and Uncovering Challenges
Copyright (c) 2025 Patricia Glory, Rian Alexa (Author) https://creativecommons.org/licenses/by-nc/4.0
Optimizing the digital economy to improve financial inclusion in Indonesia
This study aims to analyze the role of the digital economy in improving financial inclusion in Indonesia, as well as the challenges and opportunities associated with its implementation. Along with the rapid development of information and communication technology, the digital economy sector, particularly digital financial services or fintech, has opened access to finance for previously marginalized communities, such as those living in remote areas, MSMEs, and low-income groups. This study uses a systematic literature review approach to explore the various factors influencing the expansion of the digital economy in Indonesia, including government policies, existing regulations, and their impact on improving financial literacy. The findings show that while the digital economy has great potential to improve financial inclusion, there are significant barriers, such as inequality in internet access between urban and rural areas, regulatory challenges, and issues related to cybersecurity and personal data protection. To optimize the benefits of the digital economy, a collaborative role between the government, private sector and society is needed to overcome these barriers and develop policies that support inclusive and safe growth of the digital economy. This research provides recommendations to improve digital infrastructure, strengthen digital literacy, and create adaptive regulations to ensure that all levels of society can equally benefit from the digital economy
Copyright (c) 2025 Suryany samosir (Author) https://creativecommons.org/licenses/by-nc/4.0