Jurnal Pendidikan Ekonomi dan Bisnis
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Transformational Leadership and Behavioral Innovation in Education: A Meta-Analysis
Full text linkEducational changes present significant challenges and opportunities for organizations to grow and develop in response to evolving demands. These changes become opportunities when accompanied by appropriate behaviors at both individual and organizational levels. This study aims to examine the impact of transformational leadership on innovative behavior based on previous studies. A meta-analysis method was employed to analyze research data using Comprehensive Meta-Analysis (CMA) software. The findings indicate that 89% of studies meeting the inclusion criteria reported a significant effect size. The placement of square boxes in the forest plot, which do not align in a straight line, suggests variation in the results among these studies. Furthermore, the average effect size of 0.338 represents the overall influence of transformational leadership on the innovative behavior of teachers or lecturers. The heterogeneity test of effect size confirms that the estimation model applied follows a random-effects model. The highest average effects were observed in five categories: international teachers (ES = 0.55), junior high school teachers (ES = 0.39), senior high school teachers (ES = 0.32), lecturers (ES = 0.30), and elementary school teachers (ES = 0.16).)
Impact of Indonesia's ICT Development on Economic Growth
Full text linkThis study examined the influence of Indonesia's information and communication technology (ICT) development on the country's economic growth both in the short term and long term using a systematic literature review methodology. Systematic searches in several databases (Springer, Scopus, Science Gate, Science Direct, Sinta, Routledge Francis & Taylor, and other International Conferences). The included papers are 24 peer-reviewed studies. Results showed a positive impact of ICT development in Indonesia on economic growth both in the short-run and long-run periods. The impact is also indicated by total factor productivity, human capital resources, and capital per worker. However, there's an inequality of income found in Indonesia regarding the development of ICT
Financial Literacy, Educational Background, and Materialistic Among Gen Z in Indonesia
Full text linkThis study aims to determine the influence of financial literacy, gender, and educational background on the materialism of Generation Z Indonesians in 2022. Data were gathered by surveying 592 respondents and analysed with the Ordinary Least Squares (OLS) method, resulting in three main findings. First, the influence of financial literacy is proven to reduce materialism significantly. Second, there is no difference between males and females in the materialism they believe in. Third, there is an influence of educational background on materialism. This study also finds that students with an economic and business education background are more materialistic than non-economic and business students. Furthermore, the findings of this study indicate that knowledge of financial concepts, products, and services is not enough to reduce materialism. Therefore, interventions are needed to encourage the financial attitude or individual perception of long-term finances, which is essential for achieving financial resilience and financial well-being, especially for Generation Z Indonesians.
 
The Intention to Use Mobile Payment during the Covid-19 Pandemic: The Mediating Role of Attitude
Full text linkThe Covid-19 pandemic requires individuals to maintain physical distance and this has affected buying and selling transactions where previously the majority used the cash payment system to switch to digital payments or mobile payments to maintain distance and reduce physical contact. This study aims to examine the effect of perceived usefulness and perceived ease of use on the intention to use mobile payment in Malang of Indonesia. This study also investigates the mediating role of attitude in explaining this relationship. The population in this study are individuals who adopted mobile payment services in Malang of East Java in Indonesia. The analytical tool used is Structural Equation Modeling (SEM). The findings of this research showed that perceived usefulness and perceived ease of use had a direct effect on attitudes, perceived usefulness, while perceived ease of use and attitudes also had a direct effect on the intention to use mobile payment. In addition, attitudes can mediate perceived usefulness and perceived ease of use on the intention of using mobile payments during the Covid-19 pandemic
Social Media Marketing and Its Influence on Brand Equity: The Mediating Role of Word of Mouth and E-Word of Mouth
Full text linkThe purpose of this study is to examine the nexus between social media marketing and brand equity, and the role of word of mouth and electronic in mediating this connectivity word of mouth. A quantitative approach with a descriptive explanatory design is employed to estimate the link between the variables observed. The study adopts purposive sampling technique with a sample size of 200 participants, and data is analyzed using Path Analysis with Warp-PLS 3.0. The findings indicate that social media marketing positively influences brand equity, and both word of mouth and e-word of mouth play a vital role in escalating brand equity. The study also confirms the mediating role of word of mouth and e-word of mouth in explaining the connectivity between social media marketing and brand equity. The results suggest that the assimilation and educational-based tourism management can promote tourism through social media to enhance the value of tourist attractions’ names, encouraging the public to enlarge in word-of-mouth promotion.
 
The Influence of Green Intellectual Capital on Sustainable SMEs
Full text linkEnvironmental degradation is a global issue that invites attention from various groups, including small and medium enterprises (SMEs). To preserve the environment and build a sustainable business, it is necessary to optimize environmentally friendly resources. Green intellectual capital, which includes green human capital, green structural capital, and green relational capital, can be practiced by SMEs in maintaining sustainable business. The research aims to empirically prove the influence of green intellectual capital on sustainable SMEs. The research adopted a quantitative method with a self-administered survey. The research sample consisted of 157 respondents who were SMEs in Madiun of Indonesia. Furthermore, the data were analyzed using Smart-PLS 3.0 to prove the hypothesis. The results show that green human capital and green relational capital do not have a significant influence on sustainable SMEs. Meanwhile, green structural capital has a significant influence on sustainable SMEs. This implies that SMEs must pay attention to the internal organizational management system in practicing environmentally businesses
Analysis of South Korea's Macroeconomic Development with the Vector Error Correction Model
Full text linkThis study examines the relationship between Gross Domestic Product (GDP), Import (IMP), Inflation (INF), and Unemployment (UNP) in South Korea using the panel vector error correction model (VECM), cointegration, and Granger. VECM is used to analyze the relationship or causality between variables involved in this research in the short and long run. From the estimation results, especially on the variables of interest, there is a positive and statistically significant relationship between Gross Domestic Product, Import, Inflation, and Unemployment, which refers more to short-term causality. Impulse Response Function analysis is used to determine the impact between variables where the results that had a positive effect during the Covid-19 pandemic were import shocks to GDP and unemployment shocks to GDP, while those that had a negative impact were inflation rate shocks to GDP in South Korea during the Covid-19 pandemic
Opportunities, Challenges, and Capital Market Education Strategies through Social Media
Full text linkSocial media is becoming a popular channel for influencers to share information and recommendations about investment decisions in the capital market. However, this also creates a risk of misleading advice and investment scams for investors who need more financial literacy. The Indonesia Stock Exchange, social media users, and influencers should collaborate to prevent capital market crime and promote investment education. This study explores the challenges and opportunities of using social media as an alternative to capital market education programs. It also aims to formulate appropriate capital market educational strategies and identify the characteristics of capital market-qualified influencers on social media. We used a qualitative approach with a content analysis method and semi-structured interviews. The research subjects are influencers on social media selected using a purposive sampling method. We propose a strategic management process tailored for effective capital market education through social media based on the research findings. The results of this study provide recommendations for investors to refer to information from qualified influencers and regulators
Digital Transformation: The Role of the Big Five Personality Traits
Full text linkThis study aimed to investigate the role of the big five personality qualities in mediating the relationship between digital transformation and team member performance. The world of education is feeling the effects of digital transformation, a significant phenomenon that the industry cannot avoid. The presence of digital transformation causes modifications in traditional operations to be digitized. This shift in change affects team member performance. This survey included 83 elementary to middle school teachers and education staff from the Marsudirini Foundation's Yogyakarta branch. The hypothesis was tested using PLS-SEM in this study, which used a mixed method. The hypothesis testing results revealed that digital transformation has a beneficial effect on team member performance. When the role of moderation is tested, it is discovered that extraversion and neuroticism personality types do not significantly affect the relationship between digital transformation and team member performance. Meanwhile, as moderating variables, agreeableness, conscientiousness, and openness personality types strongly negatively affect the association between digital transformation and team member performance. Informant interviews corroborate the survey results, highlighting the insignificant effect of extraversion and neuroticism personality types.
 
Factors of Indonesia Economic Growth (2017-2022)
Full text linkEconomic growth is measured by changes in a country’s Gross Domestic Product (GDP), which can be unraveled into the population and economic elements. This research is conducted to find trends and identify publications on economic growth in Indonesia in the 2017–2022 period. The data collection techniques by downloading files from the Scopus database to see publication trends with the highest number of documents, ranking classifications of institutions or universities, journals, and documents, and using shared keywords. The method used is bibliometric analysis. A total of 168 documents collected from the Publish or Perish (PoP) application using the Scopus database were combined into one file in RIS format and entered into the VOSviewer application to obtain network visualization and overlay visualization. The study results show that the trend of publications related to economic growth in Indonesia for the last six years has decreased yearly. The highest number of documents is in the “International Journal of Energy Economics and Policy,” with 20 documents, followed by the Haseeb (2019) article, totaling 120 citations. Based on the keywords that have been visualized, several keywords are factors of economic growth in Indonesia from 2017 to 2022, namely Energy Consumption, Investment, CO2 Emissions, Education, GDP, Inflation, FDI, Exchange Rate, Export, Government Expenditure, Income Inequality, Inequality, Human Capital, Human Development Index, and Sustainable Development.