Jurnal Ekonomi https://ecojoin.org/index.php/EJE <p align="justify">Jurnal Ekonomi [e-ISSN <a href="https://portal.issn.org/resource/ISSN/2580-4901" target="_blank" rel="noopener">2580-4901</a> &amp; p-ISSN <a href="https://issn.brin.go.id/terbit/detail/1180431719" target="_blank" rel="noopener">0854-9842</a>] is a peer-reviewed journal published three times a year (March, July and November) by the Faculty of Economic and Business, University Tarumanagara. Jurnal Ekonomi is intended to be the journal for publishing articles reporting the results of economic research. Jurnal Ekonomi invites manuscripts on various topics to include, including but not limited to functional areas of Entrepreneurship, Strategic Alliances, Microeconomics, Behavioral and Health Economics, Government Regulation, Taxation, Macroeconomics, Financial Markets, Investment, Banking, International Economics, Foreign Direct Investment, Economic Development, Environmental Studies, Urban Issues, Emerging Markets, Empirical Studies, Quantitative and Experimental Methods.</p> <p align="justify"><a href="https://drive.google.com/file/d/1HIa87U94PUgvPU8-r22EXKBm-0rPVA_P/view?usp=sharing" target="_blank" rel="noopener">Jurnal Ekonomi is Nationally Accredited by RISTEKDIKTI in decree<strong> </strong>No. 79/E/KPT/2023, dated May 11, 2023.</a> </p> Fakultas Ekonom dan Bisnis, Universitas Tarumanagara en-US Jurnal Ekonomi 0854-9842 <p align="justify">This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge.</p> <p><img class="transparent" src="https://licensebuttons.net/l/by-nc-sa/4.0/88x31.png" alt="https://licensebuttons.net/l/by-nc-sa/4.0/88x31.png" /><br />This work is licensed under a <a href="http://creativecommons.org/licenses/by-nc-sa/4.0/" rel="license">Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License</a>.</p> Entrepreneurial Intentions And Readiness For Startup Among P2MW Grant Recipients https://ecojoin.org/index.php/EJE/article/view/2107 <p>The government has launched the Student Entrepreneurship Development Program (P2MW) to boost entrepreneurship in Indonesia. This study examines how entrepreneurial education, experience, and innovation influence entrepreneurial intentions and readiness to start a business. The research employs a descriptive method, using 80 students who received P2MW grants as samples. Data were collected through online and offline questionnaires using purposive sampling and analyzed with SEM-PLS using SmartPLS 4.0 software. The findings indicate no significant effect of entrepreneurial education on entrepreneurial intentions. However, entrepreneurial experience and innovation positively and significantly influence entrepreneurial intentions. The results also show a positive and significant impact of entrepreneurial intentions on readiness to start a business. This study recommends that the Ministry of Education and Culture encourage universities to create an entrepreneurial ecosystem within their environment to enhance students' readiness to start their businesses.</p> Michelle Chai Lydiawati Soelaiman Copyright (c) 2024 Jurnal Ekonomi https://creativecommons.org/licenses/by-nc-sa/4.0 2024-07-31 2024-07-31 29 2 185 201 10.24912/je.v29i2.2107 Error Correction Model (ECM) For Macroeconomic Factors And LQ45 Stock Price Index https://ecojoin.org/index.php/EJE/article/view/2232 <p>This research aims to test the causal effects of the inflation rate empirically, the Rupiah exchange rate against the United States Dollar, and world crude oil prices on the LQ45 stock price index. In its testing, this research uses the Error Correction Model (ECM) and uses data every month from 2000 to 2022. The research results show that the inflation rate, exchange rate and world gold prices significantly affect the LQ45 stock price index. Furthermore, the inflation rate and exchange rate have a negative influence on the LQ45 index. Not optimal company growth due to high inflation and exchange rates will affect public market share demand, thereby reducing share prices. Then, world crude oil prices positively influenced the LQ45 index. These results support previous research findings that changes in world crude oil prices positively affect stock market prices in developing countries.</p> Yohanes Andri Putranto B Bernadette Robiani Mukhlis Siti Rohima Copyright (c) 2024 Jurnal Ekonomi https://creativecommons.org/licenses/by-nc-sa/4.0 2024-07-31 2024-07-31 29 2 202 219 10.24912/je.v29i2.2232 The Influence Of Digitalization, Bank Specifications, And Macroeconomics On Indonesia’s Bank Performance https://ecojoin.org/index.php/EJE/article/view/2222 <p>This research aims to determine and analyse the effect of digitalisation, bank specifications, and macroeconomics on the performance of banks listed on the Indonesia Stock Exchange in the 2018-2022 period. Independent variables in this study include digitalisation, bank size, capital adequacy ratio, loan-to-asset ratio, loan-to-deposit ratio, nonperforming loans, Inflation, and gross domestic product. The dependent variable is financial performance measured using Return on Assets and Return on Equity. To analyse the data, this study uses the Eviews 12 program to analyse multiple linear regression. The study's results indicate that digitalisation, bank size, capital adequacy ratio, and loan-to-deposit ratio positively and significantly affect financial performance. Meanwhile, loan-to-asset ratios and nonperforming loans negatively and significantly affect a bank's financial performance. In contrast, Inflation and gross domestic product do not affect bank financial performance.</p> Kurnia Yuniarti Nurul Inayah Fibby Luthfia Henny Setyo Lestari Copyright (c) 2024 Jurnal Ekonomi https://creativecommons.org/licenses/by-nc-sa/4.0 2024-07-31 2024-07-31 29 2 220 240 10.24912/je.v29i2.2222 Motivation And Job Commitment's Role In Project Bonuses And Employee Performance https://ecojoin.org/index.php/EJE/article/view/2244 <p>This article investigates the mechanism underlying the relationship between project bonuses and employee performance by mediating employee motivation and organisational commitment. It is based on two main theories: Maslow's needs theory, which explains motivation, and organisational commitment theory.</p> Revi Kristioni Yanuar Copyright (c) 2024 Jurnal Ekonomi https://creativecommons.org/licenses/by-nc-sa/4.0 2024-07-31 2024-07-31 29 2 241 258 10.24912/je.v29i2.2244 Anteseden Kepuasan Berdampak Pada Loyalitas Pelanggan https://ecojoin.org/index.php/EJE/article/view/2211 <pre style="text-align: justify; background: white;"><span lang="EN-US" style="font-family: 'Times New Roman','serif';">The research aims to analyze the antecedents of satisfaction that impact customer loyalty. Using a purposive sampling method to determine a sample of 100 customers. This research uses quantitative methods. Data were analyzed using Smart PLS: outer model analysis, inner model, and hypothesis testing. The results show that there is no influence of service quality on satisfaction, there is an influence of complaint handling on satisfaction, there is no influence of satisfaction on customer loyalty, there is an influence of Service Quality on Loyalty, there is no influence of complaint handling on customer loyalty, there is no influence of satisfaction on customer loyalty. In this research, satisfaction cannot mediate the relationship between service quality and customer loyalty and there is no indirect influence of the complaint handling variable on customer loyalty through satisfaction. In this research, satisfaction cannot mediate the relationship between complaint handling and customer loyalty.</span></pre> Bagus Arya Wijaya Sang Ayu Nyoman Jesi Yanti I Gusti Putu Agung Widya Goca I Dewa Agung Ayu Eka Idayanti Tiarto Copyright (c) 2024 Jurnal Ekonomi https://creativecommons.org/licenses/by-nc-sa/4.0 2024-07-31 2024-07-31 29 2 259 280 10.24912/je.v29i2.2211 Analisis Faktor Yang Mempengaruhi Struktur Modal Perusahaan Properties & Real Estate https://ecojoin.org/index.php/EJE/article/view/2206 <p>The purpose of this study is to determine the effect of profitability, liquidity and company size variables on the capital structure of property &amp; real-estate sector companies listed on the Indonesia Stock Exchange in 2019-2021. The sample of this study was determined by using purposive sampling method. The sample in this study consisted of 20 companies. The data for this study are secondary data, namely data obtained from the site www.idx.co.id. Then, the data in this study will be processed using Eviews version 12. Then, the result of this research suggests that profitability, liquidity, and company size have no significant influence on capital structure.</p> Frengky Wibowo Lukman Surjadi Copyright (c) 2024 Jurnal Ekonomi https://creativecommons.org/licenses/by-nc-sa/4.0 2024-07-31 2024-07-31 29 2 281 299 10.24912/je.v29i2.2206 The Seafood Restaurant Industry's Big Success? https://ecojoin.org/index.php/EJE/article/view/2285 <p>Innovative performing behaviour depends on the employee's personality; becoming innovative is the behaviour of an employee to create, recognise, and implement something new and bring profit to the company. Leaders' styles can be essential to increasing innovation in their work. This study was conducted at five seafood restaurants in North Jakarta with 60 respondents. Purposive sampling was the method of sampling. The questionnaires were distributed from early January 2024 to the end of January 2024. data were analysed using path analysis statistical tools. The target criteria for this research are employees from the staff level to middle-level managers from seafood restaurants who have worked for at least two years. This research shows that motivation and innovation performance do not significantly affect employee performance; the most influential factor in this study is the leader style.</p> Ian Nurpatria Suryawan Copyright (c) 2024 Jurnal Ekonomi https://creativecommons.org/licenses/by-nc-sa/4.0 2024-07-31 2024-07-31 29 2 300 316 10.24912/je.v29i2.2285 Determinants Of Total Loans Disbursed By Rural Banks In Indonesia https://ecojoin.org/index.php/EJE/article/view/2209 <p>The financial sector can influence the process of economic development, one of which is through banking by carrying out its intermediary function. One of the banks that have the function of channelling credit and collecting public funds is the Rural Bank. By using the VECM (Vector Error Correction Model) approach model, this study was conducted to determine the long-term and short-term effects of external factors such as Inflation and BI rate and also on internal factors such as the amount of deposits and non-performing loan rates on the amount of credit in the period 2008 - 2022. The results showed both in the long and short term that the internal factors of deposits and non-performing loans had a significant and negative effect on the amount of credit disbursed. External factors such as Inflation and BI rates do not affect the loan disbursed.</p> Ratih Laras Gading Firdha Aksari Anindyntha Copyright (c) 2024 Jurnal Ekonomi https://creativecommons.org/licenses/by-nc-sa/4.0 2024-07-31 2024-07-31 29 2 317 335 10.24912/je.v29i2.2209 Analisis Faktor Pertumbuhan Kredit Bank Komersil Di Indonesia https://ecojoin.org/index.php/EJE/article/view/2351 <p>This research analyzes the influence of Non-Performing Loans, Loan to Deposit Ratio, Loan Loss Provision, Equity Asset Ratio, Liquidity Ratio, Gross Domestic Product, Inflation, Interest Rate, Bank Capital, and Bank Size on Loan Growth Rate in banking companies listed on the Indonesia Stock Exchange (BEI) from 2019 to 2023. The method used is regression multiple panels with secondary data obtained through purposive sampling, covering 205 financial reports from 41 companies. The results of the analysis using Eviews 12 show that Non-Performing Loans, Loan to Deposit Ratio, Loan Loss Provision, Equity Asset Ratio, Liquidity Ratio, Gross Domestic Product, Inflation, Interest Rate, Bank Capital, and Bank Size have a significant influence on Loan Growth Rate. This research provides important insights into the factors influencing loan growth in the Indonesian banking sector, as well as implications for risk management and banking policy.</p> Fariz Alfiknacio Abdat Rika Maryani Jerry Ananta Ginting Henny Setyo Lestari Farah Margaretha Copyright (c) 2024 Jurnal Ekonomi https://creativecommons.org/licenses/by-nc-sa/4.0 2024-07-31 2024-07-31 29 2 336 362 10.24912/je.v29i2.2351 Direct And Indirect Effect Of Marketing Capabilities On The Performance Of MSMEs https://ecojoin.org/index.php/EJE/article/view/2336 <p>This research aims to determine whether the use of social media can improve marketing capabilities and performance of MSMEs, marketing capabilities improve MSME performance and the mediating role of marketing capabilities of the use of social media and MSME performance. The dimensions for measuring social media use are marketing, relationships and services, information search, cost-effectiveness, and Compatibility. The quantitative research approach involves 230 respondents who are MSME actors in Indonesia. The hypothesis analysis method for this research uses the Partial Least Square-Structural Equation Modeling (SEM-PLS) method. The findings of this research indicate that the use of the social media platforms WhatsApp, Instagram, Facebook, TikTok, and Telegram, as well as the fifth dimension used to measure social media use, also influences social media use. The results of marketing capability mediating between social media use and MSME performance have a positive and mediating influence.</p> Nur Laili Fikriah Mega Noerman Ningtyas Ikhsan Maksum Copyright (c) 2024 Jurnal Ekonomi https://creativecommons.org/licenses/by-nc-sa/4.0 2024-07-31 2024-07-31 29 2 363 382 10.24912/je.v29i2.2336