Jurnal Comparative: Ekonomi dan Bisnis
type: channel
description: Jurnal Comparative: Ekonomi dan Bisnis is a peer-reviewed journal in the fields of Economics, Management, Business and Accounting jointly published by the Faculty of Economics and Business, University of Muhammadiyah Tangerang with the PTMA Economics and Business Journal Management Forum (FORJAFEB). This journal discusses the results of research and non-research/conceptual and applied science studies related to the fields of Economics, Management and Accounting and is available in and online version (E-ISSN: 2745-9632). Jurnal Comparative: Ekonomi dan Bisnis is one of the periodic scientific publications that is sincerely written by both researchers and practitioners working in the fields of Economics, Management and Accounting to publish the results of their writings. The journal has been registered with the CrossRef system with a Digital Object Identifier (DOI), indexed by Google Scholar, Garuda, DOAJ and others, and published periodically 4 (four) times in 1 (one) year, i.e. in February, May, August and November. ONLINE SUBMISSION All papers are expected to follow the house-style and the author should provide contact information (e-mail and phone number) for the purpose of communicating about the paper. The paper should be submitted through the online submission system. 1. Already have a Username/Password for Jurnal Comparative: Ekonomi dan Bisnis? GO TO LOGIN 2. Need a Username/Password? GO TO REGISTRATION 3. or, please GO TO ONLINE SUBMISSION for more information. If there is any problem with online submission, please email contact us (Subject: Name - Problem Online Submission).
publisher: Univesitas Muhammadiyah Tangerang
language: id
publication name: Jurnal Comparative: Ekonomi dan Bisnis
issn: 2527-3922
copyright: The author submits the manuscript with the understanding that if it is accepted for publication, the copyright of the article will be granted to the Comparative Journal: Economics and Business (JCEB) and the Faculty of Economics and Business, University Of muhammadiyah Tangerang, Indonesia as the publisher of the journal. Comparative Journal: Economics and Business (JCEB) first publication rights with works licensed simultaneously under a Creative Commons Attribution-ShareAlike 4.0 International License (CC BY-SA 4.0) which allows others to share (copy and redistribute material in the media or any format) and adapt (remix, modify, and build upon material) the work for any purpose, even commercially with acknowledgment of the work's authorship and initial publication in Comparative Journal: Economics and Business (JCEB). Authors may enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal published version of the work (for example, posting it to an institutional repository or publishing it in a book), with an acknowledgment of its initial publication in the Comparative Journal: Economics and Business (JCEB). Authors are permitted and encouraged to post their work online (for example, in an institutional repository or on their website) prior to and during the submission process, as this can lead to productive exchanges, as well as earlier and larger citations of published work (See The Effect of Open Access).
items: THE ROLE OF MOTIVATION IN MEDIATING PSYCHOLOGICAL DETERMINANTS OF EMPLOYEE PERFORMANCE
items: DO PRICE DISCOUNTS AND SALES PROMOTIONS DRIVE IMPULSE BUYING IN URBAN RETAIL SETTINGS?
items: The Influence of Forensic Accounting–Driven Transparency on Public Procurement Effectiveness in Zimbabwe: A Quantitative Study
items: DE JURE OR DE FACTO CENTRAL BANK INDEPENDENCE? WHAT TRULY CURBS INFLATION IN MOROCCO: EVIDENCE FROM BANK AL-MAGHRIB
items: WHAT MARKETING CAPABILITIES MATTER IN SERVICE DIGITALIZATION? A STRUCTURED ABSTRACT REVIEW
items: DEVELOPING AN INTEGRATED MODEL FOR TOURISM HOLDING SUCCESS : LESSONS FROM GLOBAL BEST PRACTICES FOR INJOURNEY
items: IMPROVING DIGITAL VISIBILITY OF GREEN SMES THROUGH LOCAL CONTENT–DRIVEN SEO
items: THE ROLE OF ORGANIZATIONAL JUSTICE, ORGANIZATIONAL SUPPORT AND ORGANIZATIONAL COMMITMENT TO EMPLOYEE PERFORMANCE IMPROVEMENT
items: DEVELOPING A RESPONSIVE DIGITAL FINANCIAL SYSTEM TO IMPROVE TRANSPARENCY IN COMMUNITY-BASED FOREST INSTITUTIONS
items: METHODOLOGICAL APPROACH FOR CONSTRUCTING AN AGGREGATE FINANCIAL STABILITY INDEX: THE CASE OF MOROCCO
items: THE ROLE OF QRIS IN ENHANCING MSME PERFORMANCE THROUGH DIGITAL PAYMENT SYSTEMS IN TANGERANG CITY
items: EVALUATING THE EFFECTIVENESS OF FORENSIC ACCOUNTING AUDITS IN PREVENTING SUPPLIER COLLUSION IN ZIMBABWE’S PUBLIC PROCUREMENT SYSTEM
items: DEVELOPMENT OF TRADITIONAL SOPULUT MENUS TO ENRICH HOTEL-STANDARD VEGETARIAN MENUS AT CAFÉ POLIMDO
items: THE EFFECT OF COMPETENCY DEVELOPMENT ON JOB SATISFACTION AND ORGANIZATIONAL COMMITMENT IN IMPROVING EMPLOYEE PERFORMANCE IN GLOBAL CONSERVATION IN DERAWAN ARCHIPELAGO
items: THE ROLE OF STRATEGIC MANAGEMENT ACCOUNTING IN IMPROVING THE EFFECTIVENESS AND QUALITY OF THE FREE NUTRITIOUS MEALS PROGRAM IN INDONESIA
items: KOPERASI MERAH PUTIH : TOWARDS SUSTAINABLE PERFORMANCE THROUGH INTEGRATING STRATEGIC MANAGEMENT, VISIONARY LEADERSHIP, AND MEMBER ORIENTATION
items: BANK JAKARTA: INTEGRATING STRATEGIC MARKETING, FINANCING, AND DIGITAL TRANSFORMATION FOR BANK HEALTH, REPUTATION, AND IPO READINESS IN THE ERA OF GLOBAL CITY
items: DRIVERS OF IMPULSIVE FASHION PURCHASES ON TIKTOK SHOP: THE ROLE OF HEDONIC MOTIVES, LIFESTYLE, AND PROMOTIONS
items: IMPACT OF STOCK PRICES AND GCG ON FIRM VALUE: EVIDENCE FROM INDONESIAN REAL ESTATE COMPANIES
items: TRANSACTIONAL LEADERSHIP, MOTIVATION, AND COMPETENCE EFFECTS ON EMPLOYEE PERFORMANCE
items: OPERATIONAL COST AND REVENUE IMPACT ON NET PROFIT: PT PERKEBUNAN NUSANTARA IV CASE
items: COMPENSATION, ORGANIZATIONAL CULTURE, AND CADDIE PERFORMANCE: MEDIATING ROLE OF JOB SATISFACTION
items: PERCEIVED EASE OF USE, PERCEIVED RISK, AND INTENTION TO USE QRIS: A STUDY OF URBAN CONSUMERS IN MEDAN
items: EVALUATION OF THE APPLICATION OF ACCOUNTING IN TRADITIONAL HANDICRAFT MICRO ENTERPRISES: A CASE STUDY AT UD. MANURUNG SILITONGA
items: ENVIRONMENTAL AND GREEN ACCOUNTING PRACTICES AND FINANCIAL PERFORMANCE: INDONESIAN LISTED MANUFACTURERS
items: ANALYSIS OF THE FINANCIAL PERFORMANCE OF PT. MAYORA INDAH TBK BASED ON PROFITABILITY AND LIQUIDITY RATIO: A COMPREHENSIVE STUDY
items: SDG'S POST-PANDEMIC ECONOMIC DEVELOPMENT STRATEGY
items: THE DOMINO EFFECT OF TIN CORRUPTION: ANALYSIS OF ECONOMIC GROWTH, WORKFORCE QUALITY, AND COMMUNITY WELFARE AT THE PROVINCE BANGKA BELITUNG
items: FACTORS AFFECTING PROFIT MANAGEMENT IN LQ-45 COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE
items: DETERMINANTS OF CAPITAL STRUCTURE AND EFFECTIVE TAX RATE AS MODERATION VARIABLES

THE ROLE OF MOTIVATION IN MEDIATING PSYCHOLOGICAL DETERMINANTS OF EMPLOYEE PERFORMANCE
type: item
description: This research is motivated by the importance of psychological factors, such as emotions and perceptions, in driving employee performance in public agencies, specifically at the Tangerang City Environmental Agency. The study aims to analyze the influence of emotions and perceptions on employee performance, both directly and indirectly through work motivation as a mediating variable. A quantitative approach with a survey method was employed. Data were collected through questionnaires distributed to 71 employees of the agency, supplemented by observation and documentation. The analysis utilized multiple linear regression and path analysis. The results indicate that emotions and perceptions significantly influence employee performance, both directly and indirectly via work motivation. The indirect effect was found to be greater than the direct effect, underscoring the key mediating role of motivation. These findings confirm that managing emotional and perceptual aspects can be an effective strategy for enhancing performance. The novelty of this research lies in testing the mediating role of work motivation in the relationship between emotions, perceptions, and performance within a public sector context. It offers a practical contribution by providing insights for designing human resource development strategies focused onÂ
subject: Articles
  topic: section
creator: Eko Fauzan Adima
creator: Muhammad Imam Muttaqijn
creator: Dudung Hadiwijaya
rights: Hak Cipta (c) 2026 Jurnal Comparative: Ekonomi dan Bisnis
date: 2026-02-28
publication date: 2026-02-28
starting page: 52
ending page: 67
doi: 10.31000/combis.v8i1.15985

DO PRICE DISCOUNTS AND SALES PROMOTIONS DRIVE IMPULSE BUYING IN URBAN RETAIL SETTINGS?
type: item
description: The phenomenon of impulse buying within modern retail sectors in high-density business districts represents a critical frontier in understanding contemporary consumer psychology. This study investigates the impact of price discounts and sales promotions on impulse buying behavior among consumers in Jakarta’s "Golden Triangle" strategic business area. Adopting a quantitative approach, data were gathered through structured questionnaires from 60 respondents using accidental sampling. The analytical framework employed multiple linear regression and formal hypothesis testing to evaluate the relationships between promotional variables and spontaneous purchasing decisions. The findings reveal that both price discounts and sales promotions exert a positive and significant influence on impulse buying behavior. Specifically, the results suggest that integrated promotional activities act as a powerful psychological trigger, significantly increasing the likelihood of unplanned purchases in a high-pressure urban environment. The novelty of this research lies in its specific focus on the "Golden Triangle" business district, representing the unique consumption patterns of time-constrained urban professionals exposed to intensive retail marketing. This study contributes to the literature by providing retail managers with strategic insights into designing urgency-based promotional models to optimize sales volume within the convenience store format.
subject: Articles
  topic: section
creator: Achmad Haromain
creator: Alfia Rixki Sabila
rights: Hak Cipta (c) 2026 Jurnal Comparative: Ekonomi dan Bisnis
date: 2026-03-01
publication date: 2026-03-01
starting page: 25
ending page: 38
doi: 10.31000/combis.v8i1.15975

The Influence of Forensic Accounting–Driven Transparency on Public Procurement Effectiveness in Zimbabwe: A Quantitative Study
type: item
description: Public procurement systems in Zimbabwe have since been facing inefficiency challenges together with irregularities, and weak accountability. Forensic accounting has been promoted as a tool to enhance transparency in financial transactions. Unfortunately, quantitative evidence on forensic accounting’s impact on effectiveness of procurement system has always been remains to a low extent. The relationship between transparency enhanced by FA and the efficacy of PPS was the chief purpose of this study. The quantitative methodology was employed in conjunction with the explanatory design. Data were gathered from 112 respondents obtained from various government of Zimbabwe departments. Likert scale items were used on structured questionnaires to measure TA1 and IPPS. Analysis of data was through employing the Structural Equation Modelling (SEM). This tested the hypothesised causal relationship. Findings provided empirical evidence on how much transparency generated through forensic accounting translated into measurable improvements in procurement efficiency, compliance, and value for money, informing policy and institutional reforms.
subject: Articles
  topic: section
creator: Onesmo Guti
creator: Ophias Kurauone
creator: Winnie Tinonetsana
creator: Sipiwe Sibanda
rights: Hak Cipta (c) 2026 Jurnal Comparative: Ekonomi dan Bisnis
date: 2026-02-28
publication date: 2026-02-28
starting page: 1
ending page: 9
doi: 10.31000/combis.v8i1.15308

DE JURE OR DE FACTO CENTRAL BANK INDEPENDENCE? WHAT TRULY CURBS INFLATION IN MOROCCO: EVIDENCE FROM BANK AL-MAGHRIB
type: item
description: Amid increasing concerns about inflationary pressures and institutional reforms in emerging economies, understanding the effectiveness of central bank independence has become particularly crucial. This study aims to evaluate the extent to which de jure and de facto central bank independence contribute to inflation control in Morocco, with particular emphasis on the roles of legal autonomy and governor stability in shaping monetary outcomes. Using annual data from 1988 to 2024, de jure independence is measured using a PCA-based synthetic index, while de facto independence is proxied by governor turnover. The relationship between independence and money supply growth, used as an indirect channel of inflation, is examined using an Autoregressive Distributed Lag (ARDL) model to capture both short and long-run dynamics. The findings reveal a long-run cointegrating relationship among money supply, legal independence, and turnover. De jure independence significantly reduces long-run monetary expansion, whereas governor turnover affects only short-run monetary tightening. By jointly examining legal and actual independence using a composite index and updated data, this study provides new empirical evidence for Morocco and offers policy-relevant insights for emerging economies seeking sustained monetary discipline.
subject: Articles
  topic: section
creator: Youssef Ibnouzahir
creator: Ahmed Hefnaoui
rights: Hak Cipta (c) 2026 Jurnal Comparative: Ekonomi dan Bisnis
date: 2026-02-28
publication date: 2026-02-28
starting page: 10
ending page: 24
doi: 10.31000/combis.v8i1.15836

WHAT MARKETING CAPABILITIES MATTER IN SERVICE DIGITALIZATION? A STRUCTURED ABSTRACT REVIEW
type: item
description: Â Digital transformation is reshaping competition in service industries by shifting emphasis from mere technology adoption to the development of marketing capabilities. However, existing research is fragmented and lacks a cross-sector perspective on how digital service marketing capabilities evolve. This study investigates the core capabilities emerging across service sectors and how they are strategically developed. Using a qualitative systematic literature review of 22 Scopus-indexed articles published between 2021 and 2026, the research applies abstract-based thematic analysis. Five key capabilities are identified: communication, customer interaction, platform ecosystem management, analytics, and service experience design. The findings also reveal sector-specific variations across platform, tourism, and banking industries. Importantly, the evolution of these capabilities occurs through gradual capability building and integration rather than through isolated technology adoption. The study concludes that long-term competitiveness in digital service environments depends on strategically developing and integrating marketing capabilities, not simply implementing digital tools alone for sustainable future growth.
subject: Articles
  topic: section
creator: Melisa Maria Gosal
creator: Daniel Peterson Silaban
rights: Hak Cipta (c) 2026 Jurnal Comparative: Ekonomi dan Bisnis
date: 2026-02-28
publication date: 2026-02-28
starting page: 39
ending page: 51
doi: 10.31000/combis.v8i1.15984

DEVELOPING AN INTEGRATED MODEL FOR TOURISM HOLDING SUCCESS : LESSONS FROM GLOBAL BEST PRACTICES FOR INJOURNEY
type: item
description: This study aims to develop an integrated conceptual model to analyze the determinants of success in the tourism and transportation holding, with INJOURNEY as a case study representing the strategic transformation of Indonesian state-owned enterprises (BUMN). A qualitative approach based on conceptual analysis and literature review from 2019–2023 was employed to identify eight key variables: strategic leadership, organizational culture integration, digital transformation, human resource management, regulatory framework, operational synergy, financial integration, and market positioning. The findings indicate that INJOURNEY’s success is highly dependent on the alignment among these variables, where strategic leadership and collaborative culture serve as the main drivers of cross-entity integration. Digital transformation enhances operational efficiency, while adaptive HR management and regulatory harmonization support organizational sustainability. Failure in one dimension can weaken the entire system’s performance. The study emphasizes the importance of adaptive governance, cross-functional coordination, and continuous innovation. Recommendations highlight strengthening transformational leadership, a comprehensive digital roadmap, and regulatory synchronization to enhance the competitiveness and sustainability of Indonesia’s tourism holding at the global level. Keywords:Tourism Holding Company,Sstrategic Integration, Corporate Governance, Digital Transformation,Operational Synergy Â
subject: Articles
  topic: section
creator: Syukron Sazly
creator: Herudini Subariyanti
creator: Yandri Ahmad Rifandi
creator: Andri Rizko Yulianto
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-11-28
publication date: 2025-11-28
starting page: 871
ending page: 888
doi: 10.31000/combis.v7i4.15239

IMPROVING DIGITAL VISIBILITY OF GREEN SMES THROUGH LOCAL CONTENT–DRIVEN SEO
type: item
description: Digital transformation has become essential for Indonesian SMEs to remain competitive in the digital economy. However, most environmentally friendly SMEs have not fully utilized digital marketing strategies, particularly local content-based SEO. This study aims to design and implement a local content-based SEO model to enhance digital reach, using Lezza Studio as a case study. The research employed a qualitative approach with a single case study design, incorporating in-depth interviews, observation, and document analysis. The proposed model consists of five stages: local keyword identification, on-page optimization, local narrative content creation, visual media optimization, and continuous adaptation. The results indicate significant improvements in search visibility, organic traffic, and sales conversions. The keyword “kaos custom ramah lingkungan Manadoâ€ dominated search results, social media traffic increased (Facebook by 104% and Instagram by 57%), and orders rose by 25%. These findings confirm that implementing local content-based SEO not only improves digital exposure but also delivers tangible business performance impact. The model can be replicated by other SMEs to support sustainable digital transformation.
subject: Articles
  topic: section
creator: Vekky Supit
creator: Ficky Purba
creator: Friska Papia
creator: arief kumaat
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-11-28
publication date: 2025-11-28
starting page: 933
ending page: 944
doi: 10.31000/combis.v7i4.15309

THE ROLE OF ORGANIZATIONAL JUSTICE, ORGANIZATIONAL SUPPORT AND ORGANIZATIONAL COMMITMENT TO EMPLOYEE PERFORMANCE IMPROVEMENT
type: item
description: This research examines the role of organizational justice, organizational support, and organizational commitment in enhancing employee performance at CV. Bina Furniture Jepara. The problem arises from fluctuating production targets, indicating unstable employee performance. This leads to the research question: How do organizational justice and support influence employee performance, with organizational commitment as a mediating variable? Inconsistencies in prior study findings present a research gap this study aims to address. This study employed a quantitative approach with a survey method, involving a saturated sample of 100 employees. Data were collected via questionnaires and analyzed using Partial Least Squares-Structural Equation Modeling (PLS-SEM) with SmartPLS 4.0. The results indicate that both organizational justice and organizational support positively and significantly influence employee performance, both directly and indirectly through organizational commitment as a mediator. Organizational commitment itself also positively and significantly impacts employee performance. This concludes that creating a fair and supportive work environment is crucial for building strong employee commitment, which ultimately enhances their performance.
subject: Articles
  topic: section
creator: Muhammad Farid Arianto
creator: Heru Sulistyo
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-11-28
publication date: 2025-11-28
starting page: 791
ending page: 808
doi: 10.31000/combis.v7i4.14613

DEVELOPING A RESPONSIVE DIGITAL FINANCIAL SYSTEM TO IMPROVE TRANSPARENCY IN COMMUNITY-BASED FOREST INSTITUTIONS
type: item
description: The digitalization of community-based institutions is crucial for improving transparency and accountability in financial governance in rural areas. However, institutions such as the Village Forest Management Institution (LPHD) still rely on manual, non-standardized, and error-prone record-keeping. This study developed a responsive and simple digital financial system to address the limited digital literacy and technical conditions of the Darunu Village LPHD. The study used a qualitative approach and participatory design to ensure the application's suitability to user needs, through needs analysis, prototype development, and field trials. The results showed that the application was able to improve record-keeping, clarify cash flow, and strengthen the institution's financial transparency. The novelty of this research lies in the development of a digital financial application specifically designed for LPHDs, taking into account the socio-technical context of forest villages, unlike village financial applications that are generally oriented towards formal government apparatus. The contribution of this research is to present a replicable, lightweight financial system model for community-based forest institutions and provide a participatory design framework for digitizing village administration. These findings confirm that contextual digital solutions can be an effective approach to strengthening financial governance in forest village communities.
subject: Articles
  topic: section
creator: Dominikus Andreo Maryadi
creator: Jerry Sonny Lintong
creator: Ivoletti Merlina Walukow
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-11-28
publication date: 2025-11-28
starting page: 841
ending page: 853
doi: 10.31000/combis.v7i4.15244

METHODOLOGICAL APPROACH FOR CONSTRUCTING AN AGGREGATE FINANCIAL STABILITY INDEX: THE CASE OF MOROCCO
type: item
description: This study develops an Aggregate Financial Stability Index (AFSI) for Morocco covering 2000–2023, providing a multidimensional assessment of the resilience of the national financial system. The research contributes to the literature by integrating, for the first time in the Moroccan context, the four key dimensions of financial development, vulnerability, soundness, and the global economic climate into a single composite indicator. Using Min–Max normalization and differentiated weighting, the index measures structural stability and quantifies the volatility contributions of each component. The findings reveal a broadly resilient system, supported by strong prudential regulation and sustained financial reforms, yet increasingly exposed to external shocks and macro-financial vulnerabilities. Financial development and vulnerability appear as the main drivers of overall volatility, while the influence of the global economic climate has intensified since 2010. The originality of this research lies in its empirical decomposition of volatility sources and its operational framework for macroprudential monitoring. The AFSI provides policymakers and supervisory authorities with a predictive tool for assessing systemic risk and enhancing financial stability in emerging economies facing global uncertainty.
subject: Articles
  topic: section
creator: Imad Bassite
creator: El Khattab Younes
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-11-28
publication date: 2025-11-28
starting page: 809
ending page: 828
doi: 10.31000/combis.v7i4.15116

THE ROLE OF QRIS IN ENHANCING MSME PERFORMANCE THROUGH DIGITAL PAYMENT SYSTEMS IN TANGERANG CITY
type: item
description: The rapid shift toward digital payments underscores the urgency of enhancing financial inclusion and digital literacy to support sustainable economic growth. This study aims to assess the level of understanding, adoption, and public response to Indonesia’s QRIS in Tangerang City. Using a quantitative descriptive approach, data were collected via questionnaires from local residents. Results reveal high awareness and frequent use of QRIS through platforms like LinkAja, Gopay, Ovo, Dana, Shopeepay, and Mandiri Syariah, driven by convenience, security, cashback, and health considerations. The study contributes empirical evidence on QRIS adoption at the city level and highlights the need for intensified, multi-channel socialization—particularly via social media and community engagement. Its novelty lies in linking QRIS utilization with behavioral drivers specific to urban Indonesian contexts, offering actionable insights for policymakers to strengthen digital payment ecosystems and advance financial inclusion.
subject: Articles
  topic: section
creator: Jamalus Jamalus
creator: Rosyid Rosyid
creator: Srie Nuning Mulatsih
creator: Aisyah Ratnasari
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-11-28
publication date: 2025-11-28
starting page: 945
ending page: 959
doi: 10.31000/combis.v7i4.15318

EVALUATING THE EFFECTIVENESS OF FORENSIC ACCOUNTING AUDITS IN PREVENTING SUPPLIER COLLUSION IN ZIMBABWE’S PUBLIC PROCUREMENT SYSTEM
type: item
description: The public procurement system plays a crucial role in the country’s resource allocation system. It is also crucial for service delivery and governance. Despite all this this system sems to be most vulnerable to fraud and supplier collusion. The regulatory authority (PRAZ) has enacted the 2017 Public Procurement and Disposal of Public Assets Act. Despite this collusion has persisted. This has been aligned to weak oversight and limited enforcement of audit recommendations. Traditional audits have failed to detect the complex collusive practices like bid rigging and price-fixing. The use of investigative accounting (forensic accounting) becomes a suitable solution. Its techniques can unearth irregular financial patterns. They also detect hidden relationships, offering a strategic safeguard against procurement fraud. This paper made use of the Institutional Theory and fraud-related frameworks. The study employed the quantitative methodology. This called for a cross-sectional survey. Thus, a population of 112 respondents was obtained. The members came from the Zimbabwe’s ministries, local authorities, and parastatals. Some respondents also came from forensic accountants, the procurement authority and the anti-corruption authority. SPSS was used to analyse data through SEM, regression analysis and AMOS. The findings reflected that a most of the respondents agreed on the effectiveness of forensic accounting audits. The regression results revealed a +`strong positive association with procurement effectiveness (β = 0.369, p < 0.01). The study recommended institutionalising forensic audit practices, capacity-building, and stricter enforcement to enhance procurement integrity and accountability
subject: Articles
  topic: section
creator: Onesmo Guti
creator: Ophias Kurauone
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-11-28
publication date: 2025-11-28
starting page: 777
ending page: 790
doi: 10.31000/combis.v7i4.14900

DEVELOPMENT OF TRADITIONAL SOPULUT MENUS TO ENRICH HOTEL-STANDARD VEGETARIAN MENUS AT CAFÉ POLIMDO
type: item
description: This study aims to develop the traditional food sopulut as a hotel-standard vegetarian menu at Café Polimdo. Sopulut, a traditional dish originating from the Minahasa Tenggara region, is typically made from sago and served in a simple form. Through an innovative approach, this product was developed to meet hotel culinary presentatio nstandards intermsoftaste, aesthetics, andnutritional value. The research method involved three stages of product trials involving both culinary and non-culinary respondents, as well as interviewsto obtain input and evaluation of the product development. The results showed that sopulut is acceptable as a vegetarian menu with taste and appearance characteristicst halal sign with café and hotel presentation standards. Adjustments were made to the texture, filling, and accompaniments such as sambal to better suit broader consumer preferences. The food cost analysis also indicated that this menu is economically feasible for further development. Thus,sopulut not only serves as a symbol of preserving local culinary heritage but also has strong potential as a modern dish in the culinary industry.
subject: Articles
  topic: section
creator: Diane Tangian
creator: Hendry M.E. Kumaat
creator: Silvana Wewengkang
creator: Jemmy Pangemanan
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-11-28
publication date: 2025-11-28
starting page: 918
ending page: 932
doi: 10.31000/combis.v7i4.15305

THE EFFECT OF COMPETENCY DEVELOPMENT ON JOB SATISFACTION AND ORGANIZATIONAL COMMITMENT IN IMPROVING EMPLOYEE PERFORMANCE IN GLOBAL CONSERVATION IN DERAWAN ARCHIPELAGO
type: item
description: This study aims to analyze the influence of competency development on job satisfaction and organizational commitment in improving employee performance in Global Conservation Derawan Archipelago. In a non-profit organization focused on environmental conservation, human resources are a vital asset to achieve the mission of conservation. This study uses a quantitative approach with the Structural Equation Modeling-Partial Least Squares (SEM-PLS) method to test the relationship between variables. Data was collected through a questionnaire to 43 respondents who were Global Conservation employees. The results of the study show that competency development has a positive effect on job satisfaction and organizational commitment. Job satisfaction has been shown to be a mediating variable that strengthens the relationship between competency development and employee performance. In addition, organizational commitment plays a significant role in improving performance, showing that employees' emotional attachment and moral responsibility to the organization drive the achievement of optimal work outcomes. These findings indicate that effective competency development strategies can create a conducive work environment, increase satisfaction, and strengthen employee loyalty. The practical implications of this study recommend that organizations strengthen training and development programs to improve the quality of human resources in supporting the success of conservation missionsh.
subject: Articles
  topic: section
creator: Zenobia Zalfanda Helza
creator: Saida Zainurossalamia
creator: Heni Rahayu Rahmawat
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-11-28
publication date: 2025-11-28
starting page: 909
ending page: 917
doi: 10.31000/combis.v7i4.15290

THE ROLE OF STRATEGIC MANAGEMENT ACCOUNTING IN IMPROVING THE EFFECTIVENESS AND QUALITY OF THE FREE NUTRITIOUS MEALS PROGRAM IN INDONESIA
type: item
description: This study aims to analyze the role of Strategic Management Accounting (SMA) in improving the effectiveness, efficiency, and quality of the Free Nutritional Meals (MBG) program in Indonesia. The MBG program is a government strategic agenda to improve the quality of nutrition and health of the younger generation, while supporting the achievement of the Sustainable Development Goals (SDGs), especially SDG 2 (Zero Hunger) and SDG 3 (Good Health and Well-being). The novelty of this study in the cross-sectoral strategic accounting approach that combines the dimensions of nutrition, health, and public financial management in the context of achieving the SDGs. This study uses the Systematic Literature Review (SLR) method of academic literature and public policy for the 2020–2025 period. The results of the analysis show that the implementation of SMA is able to integrate strategic planning, performance control, and public accountability through the use of financial and non-financial indicators. This approach increases transparency, budget optimization, and the effectiveness of data-based evaluation in program implementation. These findings provide a conceptual contribution for the government in developing a strategic accounting system that supports the effectiveness of national social programs in an adaptive and sustainable manner.
subject: Articles
  topic: section
creator: Yanuar Ramadhan
creator: Indah Permatasari
creator: Caroline Angela
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-11-28
publication date: 2025-11-28
starting page: 829
ending page: 840
doi: 10.31000/combis.v7i4.15189

KOPERASI MERAH PUTIH : TOWARDS SUSTAINABLE PERFORMANCE THROUGH INTEGRATING STRATEGIC MANAGEMENT, VISIONARY LEADERSHIP, AND MEMBER ORIENTATION
type: item
description: ABSTRACT Cooperatives play a strategic role in promoting national economic independence but continue to face challenges in competitiveness, governance, and sustainability. This study aims to formulate an integrative conceptual model that combines strategic management, visionary leadership, and member orientation as the main determinants of sustainable cooperative performance. The research employs a qualitative descriptive approach through a systematic literature review of books, national–international journals, and government policy documents related to modern cooperative development. The findings indicate that strategic management strengthens competitiveness through the optimization of unique resources, visionary leadership drives organizational transformation and innovation, while member orientation reinforces identity, loyalty, and participation within the cooperative. The synergistic interaction of these three factors promotes sustainability based on economic, social, and environmental. Recommendations emphasize enhancing managerial capacity, strengthening visionary leadership, and empowering members to develop resilient, adaptive, and highly competitive cooperatives in the digital economy era. Keywords: Cooperative, Strategic Management, Visionary Leadership, Â Member Orientation, Sustainability Â
subject: Articles
  topic: section
creator: Syukron Sazly
creator: Budhi Haryadi
creator: Dina Purnamasari
creator: Otto Siregar
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-11-28
publication date: 2025-11-28
starting page: 854
ending page: 870
doi: 10.31000/combis.v7i4.15237

BANK JAKARTA: INTEGRATING STRATEGIC MARKETING, FINANCING, AND DIGITAL TRANSFORMATION FOR BANK HEALTH, REPUTATION, AND IPO READINESS IN THE ERA OF GLOBAL CITY
type: item
description: This study aims to analyze the integration of strategic marketing, strategic financing, and digital transformation in strengthening the financial health, corporate reputation, and IPO readiness of Bank Jakarta in the era of global city competition. Using a qualitative approach based on financial reports, strategic documents, and in-depth interviews, the findings show that these three strategies strengthen the bank’s fundamentals: strategic financing improves CAR and reduces NPL, digital transformation enhances efficiency through a lower BOPO ratio and faster profit growth, and strategic marketing supports successful rebranding. The urgency of this research lies in the increasing pressure on regional banks to transform amidst tighter regulations, digital disruption, and the need to compete in global city financial ecosystems. Its novelty stems from offering an integrated framework that combines strategic marketing, financing, and digital transformation as a unified model for IPO readiness an approach rarely addressed collectively in prior studies. In conclusion, the synergy of these strategies forms a strong foundation for a sustainable IPO. Recommendations include accelerating IPO preparation, strengthening the investment narrative, and directing IPO proceeds toward deeper digital transformation and product innovation.
subject: Articles
  topic: section
creator: Indra Prana
creator: Natal Indra
creator: Intan Kusuma Dewi
creator: Yuni Siswantoro
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-11-28
publication date: 2025-11-28
starting page: 889
ending page: 908
doi: 10.31000/combis.v7i4.15240

DRIVERS OF IMPULSIVE FASHION PURCHASES ON TIKTOK SHOP: THE ROLE OF HEDONIC MOTIVES, LIFESTYLE, AND PROMOTIONS
type: item
description: This study examines the influence of hedonic shopping motivation, shopping lifestyle, and sales promotion on impulsive buying behavior in fashion products on TikTok Shop. Impulsive buying has become increasingly prevalent in social commerce, driven by emotional engagement and promotional stimuli. A quantitative approach was employed using Partial Least Squares Structural Equation Modeling (PLS-SEM) with SmartPLS software. Data were collected from 100 active TikTok Shop users through purposive sampling. The findings reveal that hedonic shopping motivation and sales promotion have a significant positive effect on impulsive buying, confirming that emotional gratification and attractive promotional strategies strongly trigger unplanned purchases. Contrary to expectations, shopping lifestyle exhibits a negative and insignificant relationship with impulsive buying, suggesting that habitual shopping patterns may not necessarily lead to impulsive decisions in this digital context. The results highlight the critical role of experiential and promotional elements in shaping consumer behavior on short-video e-commerce platforms. This study contributes to the growing literature on digital consumer behavior by empirically validating key drivers of impulse purchases in the context of social commerce. For practitioners, the findings suggest that enhancing user experience and designing engaging promotional campaigns can effectively stimulate sales in the competitive online fashion market.
subject: Articles
  topic: section
creator: Muhammad Alfin Maulana
creator: Nurmiyati Nurmiyati
creator: Sri Rahayu
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-08-08
publication date: 2025-08-08
starting page: 718
ending page: 732
doi: 10.31000/combis.v7i3.14643

IMPACT OF STOCK PRICES AND GCG ON FIRM VALUE: EVIDENCE FROM INDONESIAN REAL ESTATE COMPANIES
type: item
description: This study investigates the impact of stock prices and Good Corporate Governance (GCG) on company value in the property and real estate sector listed on the Indonesia Stock Exchange, an industry pivotal to economic growth yet prone to market volatility and governance deficiencies. Given Indonesia’s rising urbanization and investment inflows, understanding value drivers in this sector is crucial for sustainable development and investor protection. Using panel data regression from 2020–2023, we analyze stock price, audit committee size, managerial ownership, board of directors, and independent board of commissioners as key determinants. Results reveal that stock price and managerial ownership exert a significant positive effect on firm value, indicating market efficiency and effective alignment of managerial incentives. However, audit committee, board of directors, and independent commissioners show no significant influence, suggesting structural weaknesses in oversight and decision-making independence. Collectively, all variables significantly enhance firm value, emphasizing the interplay between market signals and governance. This study contributes to the literature by offering timely empirical evidence from an emerging market with evolving regulatory frameworks. Its novelty lies in integrating market-based performance (stock price) with multidimensional GCG indicators in the Indonesian real estate context—underexplored in prior research. Furthermore, it provides policy implications for regulators to strengthen board independence and monitoring mechanisms to improve corporate accountability and long-term value creation.
subject: Articles
  topic: section
creator: Meilani Salsyadillah
creator: Ash Shoffi Hana Fadhilah
creator: Pahman Habibi
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-08-31
publication date: 2025-08-31
starting page: 758
ending page: 776
doi: 10.31000/combis.v7i3.14737

TRANSACTIONAL LEADERSHIP, MOTIVATION, AND COMPETENCE EFFECTS ON EMPLOYEE PERFORMANCE
type: item
description: Despite advancements in public service reform, employee performance at the Investment and One-Stop Integrated Services Agency in Jember Regency remains inconsistent, marked by delayed service delivery, low initiative, and reduced task effectiveness. This study investigates the influence of transactional leadership, motivation, and competence on employee performance to identify key drivers of organizational efficiency. A quantitative associative method was employed, with data collected from 85 employees via structured questionnaires and analyzed using multiple linear regression. Results indicate that motivation and competence have a significant positive effect on performance (p < 0.05), underscoring their critical role in enhancing productivity and service quality. In contrast, transactional leadership does not show a significant impact, challenging its assumed centrality in bureaucratic settings. The model explains 56% of the variance in performance (R² = 0.56). The originality of this study lies in its empirical examination of leadership limitations in a developing-country public service context, where motivational and competency-based factors outweigh directive leadership in driving performance. It contributes to theory by refining the application of leadership models in local government institutions and offers practical guidance for reforming human resource strategies. Findings suggest that investing in employee development, intrinsic motivation, and skill enhancement is more effective than relying solely on hierarchical supervision.
subject: Articles
  topic: section
creator: Nur Atika
creator: Tatit Diansari Reskiputri
creator: Septy Holisa Umamy
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-08-08
publication date: 2025-08-08
starting page: 746
ending page: 757
doi: 10.31000/combis.v7i3.14689

OPERATIONAL COST AND REVENUE IMPACT ON NET PROFIT: PT PERKEBUNAN NUSANTARA IV CASE
type: item
description: This study examines the impact of operational costs and revenue on net profit at PT Perkebunan Nusantara IV Medan, a key state-owned plantation enterprise in Indonesia. In the face of volatile commodity prices, rising production costs, and increasing competition in the agro-industrial sector, optimizing financial performance has become critical for sustainability. This urgency necessitates a deeper understanding of how cost efficiency and revenue generation jointly influence profitability. Using a quantitative descriptive approach, the research analyzes financial statements from 2019 to 2023, calculating key ratios such as net profit margin and operating cost ratio. Results reveal that sustained profitability is achieved not merely through cost reduction, but through the strategic synergy between disciplined cost control and consistent revenue enhancement. Efficient operational cost management, when aligned with market-driven income growth, significantly boosts net profit. This study highlights the importance of integrated financial strategies in navigating sectoral challenges and ensuring long-term resilience. The findings offer actionable insights for agribusiness managers and policymakers, particularly in emerging economies where state-owned enterprises play a vital role in economic stability. In an era of increasing pressure on agricultural productivity and financial accountability, this research contributes to both theory and practice by emphasizing operational-financial alignment as a lever for sustainable profitability.
subject: Articles
  topic: section
creator: Tiori Kesia
creator: Magdalena Judika Br. Siringoringo
creator: Ardin Dolok Saribu
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-08-08
publication date: 2025-08-08
starting page: 706
ending page: 717
doi: 10.31000/combis.v7i3.14641

COMPENSATION, ORGANIZATIONAL CULTURE, AND CADDIE PERFORMANCE: MEDIATING ROLE OF JOB SATISFACTION
type: item
description: This study addresses the growing need to enhance stewardship performance in the golf industry, particularly among caddies, whose role significantly impacts service quality and customer satisfaction. Despite the critical function of caddies at premium golf clubs, their performance remains underexplored in organizational behavior research. The purpose of this study is to examine the effects of compensation and organizational culture on caddie performance, with job satisfaction as a mediating variable, at Modern Golf & Country Club in Tangerang City. Using a quantitative approach, data were collected from 100 caddies through a structured questionnaire based on a Likert scale. A probability sampling technique was employed, and data were analyzed using SmartPLS 4 for structural equation modeling. Results indicate that compensation has a positive and significant effect on both job satisfaction (p = 0.001) and caddie performance (p = 0.006). Organizational culture positively influences job satisfaction (p = 0.000), though its direct impact on performance is not significant (p = 0.511). Job satisfaction significantly mediates the relationship between compensation and performance (p = 0.000), as well as between organizational culture and performance. This study contributes to both theory and practice by empirically validating job satisfaction as a key mechanism through which organizational factors influence frontline service performance in a niche leisure industry. The findings offer practical insights for golf club management to design better compensation systems and foster a supportive organizational culture to enhance caddie motivation and service excellence. This research is original in its focus on caddies—a largely overlooked workforce—in the Indonesian context, filling a gap in hospitality and sports management literature.
subject: Articles
  topic: section
creator: Eka Putri Madani
creator: Ipah Masripah
creator: Dahlia Amelia
creator: Suhardaliyah Suhardaliyah
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-08-08
publication date: 2025-08-08
starting page: 640
ending page: 655
doi: 10.31000/combis.v7i3.14232

PERCEIVED EASE OF USE, PERCEIVED RISK, AND INTENTION TO USE QRIS: A STUDY OF URBAN CONSUMERS IN MEDAN
type: item
description: This study examines the influence of perceived ease of use and perceived risk on the intention to adopt QRIS (Quick Response Code Indonesian Standard) as a digital payment method among residents of Medan City. With the rapid growth of cashless transactions in Indonesia, understanding consumer adoption behavior is crucial for expanding financial inclusion. A quantitative survey method was employed, collecting primary data from 120 respondents using a structured questionnaire. Convenience sampling was used, and data were analyzed using multiple linear regression through SPSS 26. The results indicate that perceived ease of use has a significant positive effect on adoption intention, confirming the relevance of the Technology Acceptance Model (TAM) in the digital payment context. In contrast, perceived risk was found to have no significant impact, suggesting that users prioritize usability over security concerns when deciding to use QRIS. This implies that ease of access, simplicity of interface, and user experience are more decisive factors than risk perception in driving adoption. The findings highlight the importance for service providers and policymakers to focus on improving platform usability and conducting targeted digital literacy campaigns to accelerate QRIS adoption. This study contributes to the literature on digital finance in emerging economies by empirically validating key behavioral drivers in urban Indonesian consumers.
subject: Articles
  topic: section
creator: Ola Venina Liliana
creator: Mei Hotma Mariati Munte
creator: Halomoan Sihombing
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-08-08
publication date: 2025-08-08
starting page: 733
ending page: 745
doi: 10.31000/combis.v7i3.14671

EVALUATION OF THE APPLICATION OF ACCOUNTING IN TRADITIONAL HANDICRAFT MICRO ENTERPRISES: A CASE STUDY AT UD. MANURUNG SILITONGA
type: item
description: This study aims to analyze the application of accounting in traditional handicraft MSMEs, especially the Ulos and Songket Tarutung Businesses at UD. Manurung Silitonga, Siatas Barita District, North Tapanuli Regency. The urgency of this research is driven by the low awareness of MSME actors in implementing an accounting system in accordance with the Financial Accounting Standards for Micro, Small, and Medium Entities (SAK EMKM), thus having an impact on financial management and business growth. The method used is qualitative descriptive with data collection through observation, in-depth interviews, and documentation. The results show that financial recording is still carried out simply and not fully in accordance with accounting standards, due to low accounting understanding and limited human resources. The contribution of this research is to provide an understanding of the importance of the application of accounting for MSMEs in supporting decision-making and business sustainability. The novelty of the research lies in its focus on the traditional handicraft sector in the North Tapanuli region that has not been studied much before.
subject: Articles
  topic: section
creator: Helmina Handayani Simorangkir
creator: Audrey M Siahaan
creator: Mangasa Sinurat
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-08-08
publication date: 2025-08-08
starting page: 673
ending page: 691
doi: 10.31000/combis.v7i3.14483

ENVIRONMENTAL AND GREEN ACCOUNTING PRACTICES AND FINANCIAL PERFORMANCE: INDONESIAN LISTED MANUFACTURERS
type: item
description: This study examines the impact of green accounting and environmental performance on financial performance, focusing on mining-sector manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2021 to 2023. Using purposive sampling, 30 firms met the inclusion criteria. The research employs quantitative methods with secondary data collected from annual financial reports and sustainability disclosures. Green accounting is measured by environmental costs, while environmental performance is proxied by the PROPER (Program for Pollution Control, Evaluation, and Rating) rating. Financial performance is assessed using Return on Assets (ROA). Data analysis using SmartPls 3.0. The results indicate that green accounting has no significant effect on financial performance, and environmental performance does not significantly influence financial outcomes. The coefficient of determination (R²) reveals that the independent variables explain only 1% of the variation in financial performance, suggesting that other factors play a more dominant role. These findings imply that current environmental cost reporting and regulatory ratings like PROPER may not yet translate into measurable financial benefits for mining-related manufacturers in Indonesia. The study contributes to the growing literature on sustainability accounting in emerging markets, highlighting the gap between environmental initiatives and financial returns. Future research should incorporate additional variables such as ESG scores, corporate governance, or carbon emissions, and extend the time frame and sample size to enhance generalizability.
subject: Articles
  topic: section
creator: May Tesalonika
creator: Hendrik E.S Samosir
creator: Ardin Dolok Saribu
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-08-08
publication date: 2025-08-08
starting page: 692
ending page: 705
doi: 10.31000/combis.v7i3.14638

ANALYSIS OF THE FINANCIAL PERFORMANCE OF PT. MAYORA INDAH TBK BASED ON PROFITABILITY AND LIQUIDITY RATIO: A COMPREHENSIVE STUDY
type: item
description: This research has high urgency in the context of the dynamics of Indonesia's food and beverage manufacturing industry post-pandemic, where global economic fluctuations and changes in consumption patterns demand a thorough evaluation of the company's financial performance. As a market leader with a strategic product portfolio, the performance analysis of PT. Mayora Indah Tbk is crucial to map business resilience in an era of economic volatility. The study makes a dual contribution: theoretically by enriching the literature on the application of financial ratios in the consumer goods industry, and practically by presenting actual data-driven strategic recommendations for company management. The quantitative descriptive research method was applied to the 2021-2023 financial statement data, with the analysis focusing on profitability (ROE and NPM) and liquidity (CR and QR) ratios. The findings revealed that the company managed to maintain very strong liquidity above industry standards, while profitability showed an upward trend although there was still room for optimization. This research is an important benchmark for the industry in evaluating working capital management strategies and increasing profitability amid economic uncertainty.
subject: Articles
  topic: section
creator: Cintia Nababan
creator: Mangasa Sinurat
creator: Mei Hotma Mariati Munte
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-08-08
publication date: 2025-08-08
starting page: 656
ending page: 672
doi: 10.31000/combis.v7i3.14479

SDG'S POST-PANDEMIC ECONOMIC DEVELOPMENT STRATEGY
type: item
description: This study examines the role of Sustainable Development Goals (SDGs) in shaping economic growth and labor absorption post-pandemic in Indonesia. It explores the challenges and strategies for achieving economic sustainability, particularly in sectors like agriculture, digital innovation, and education. Through a qualitative approach, this research analyzes key factors such as government policies, the rise of digital platforms, and the importance of critical thinking and ecoliteracy in fostering sustainable practices. The study highlights how platforms like Liniku.id, a digital agricultural tool, contribute to improving farmer literacy, enhancing agricultural productivity, and advancing SDG targets. The findings suggest that the integration of digital technologies and social innovations has a significant impact on empowering local communities, especially in rural areas. Furthermore, this paper underscores the importance of collaborative efforts from all stakeholders, including the government, private sector, and communities, to achieve the SDGs. The research concludes with recommendations for future initiatives, focusing on strengthening digital literacy among rural populations and expanding policy support for inclusive and sustainable economic development. The implications of this study are vital for policymakers, development agencies, and researchers aiming to contribute to Indonesia’s sustainable growth in alignment with the SDGs.
subject: Articles
  topic: section
creator: Reza Syakif
creator: Muhamad Radensyah
creator: Nurhayati Nurhayati
creator: Naura Naura
creator: Aning Kesuma Putri
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-08-08
publication date: 2025-08-08
starting page: 631
ending page: 639
doi: 10.31000/combis.v7i3.13137

THE DOMINO EFFECT OF TIN CORRUPTION: ANALYSIS OF ECONOMIC GROWTH, WORKFORCE QUALITY, AND COMMUNITY WELFARE AT THE PROVINCE BANGKA BELITUNG
type: item
description: The purpose of this study is to see how corruption in the tin mining sector has an impact on economic growth, labor quality, and community welfare in the Bangka Belitung Islands Province. This study shows that using secondary data for the 2015–2023 period and the multiple linear regression method, corruption has a negative impact on the regional economy by reducing revenue used for infrastructure development and public services. The situation in the region is getting worse due to the high dependence on the mining industry which is not environmentally friendly. Agricultural and fishery yields declined due to water pollution, soil degradation, and loss of productive land. This reduces the competitiveness of other economic sectors. This causes economic growth to stagnate and society increasingly depends on fluctuations in commodity prices around the world. In addition, corruption prevents the improvement of the quality of the local workforce due to a lack of investment in skills education and training. Only a highly skilled workforce can compete in the mining sector, as non-transparent recruitment practices and nepotism exacerbate social inequality. Limited access to secondary and tertiary education reduces people's opportunities to contribute to more productive economic sectors. From a welfare perspective, corruption leads to inequality in the distribution of profits from the mining sector, which benefits a handful of economic elites, while the majority of people remain poor and face difficulties in obtaining basic services such as health and education. In addition to damaging ecosystems, uncontrolled mining exploitation reduces natural resources necessary for daily life. To improve community welfare and ensure sustainable economic growth in Bangka Belitung, this study recommends increased transparency in natural resource management, and mining governance reform
subject: Articles
  topic: section
creator: Ezaky Fathurahman
creator: Danil Herlianto
creator: Dinda Caressa
creator: Rafita Rafita
creator: Aning Kesuma Putri
rights: Hak Cipta (c) 2025 Jurnal Comparative: Ekonomi dan Bisnis
date: 2025-08-08
publication date: 2025-08-08
starting page: 615
ending page: 631
doi: 10.31000/combis.v7i3.13135

FACTORS AFFECTING PROFIT MANAGEMENT IN LQ-45 COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE
type: item
description: Penelitian ini bertujuan untuk mengetahui pengaruh profitabilitas, leverage, dan ukuran perusahaan terhadap manajemen laba pada perusahaan LQ45 di Bursa Efek Indonesia. Metode yang digunakan pada penelitian ini yaitu metode kuantitatif. Data yang digunakan melalui teknik studi kepustakaan berupa laporan keuangan perusahaan LQ45 di Bursa Efek Indonesia Tahun 2020 – 2022. Pemilihan teknik model estimasi data panel menggunakan uji chow, uji hausman dan uji lagrange multiplier. Penelitian ini juga melakukan uji asumsi klasik, koefisien determinasi dan uji hipotesis. Hasil penelitian menunjukkan bahwa secara parsial Profitabilitas berpengaruh positif terhadap manajemen laba, hal ini ditunjukkan dengan nilai probabilitas sebesar 0,0192, dimana nilai tersebut lebih kecil dari < 0,05. Leverage berpengaruh negatif terhadap manajemen laba, hal ini ditunjukkan dengan nilai probabilitas sebesar 0,1254, dimana nilai tersebut lebih besar dari Â > 0,05. Ukuran perusahaan tidak berpengaruh terhadap manajemen laba, hal ini ditunjukkan dengan nilai probabilitas sebesar 0,2961, dimana nilai tersebut lebih besar dari > 0,05.
subject: Articles
  topic: section
creator: Ahmad Zaki Mubarok
creator: Yuliani Atthariqiyah
creator: Dede Sunaryo
creator: Amalia Indah Fitriana
creator: Hendra Galuh Febrianto
creator: Saiful Haq
rights: Hak Cipta (c) 2024 Jurnal Comparative: Ekonomi dan Bisnis
date: 2024-05-31
publication date: 2024-05-31
starting page: 292
ending page: 301
doi: 10.31000/combis.v6i2.11369

DETERMINANTS OF CAPITAL STRUCTURE AND EFFECTIVE TAX RATE AS MODERATION VARIABLES
type: item
description: The aim of this research is to determine the influence of asset structure, profitability, business risk and company size on capital structure with the effective tax rate as a moderating variable in food and beverage companies listed on the Indonesia Stock Exchange (BEI). The research time period used was 5 years, namely the 2018-2022 period. The sampling technique uses purposive sampling technique. Based on the predetermined criteria, 24 companies were obtained that met the criteria. The type of data used is secondary data obtained from the Indonesian Stock Exchange website. The analytical method used is panel data regression analysis. The research results show that fixed asset structure has a positive effect on capital structure, profitability has a negative effect on capital structure, while business risk and company size have no effect on capital structure. Effective tax rate is able to moderate the positive influence of asset structure on capital structure, but cannot moderate the influence of profitability, business risk and company size on capital structure. Asset structure, profitability, business risk and company size together influence the capital structure.
subject: Articles
  topic: section
creator: Ahmad Zakki Mubarok
creator: Dede Sunaryo
creator: Faralia Abdi Pangesti
creator: Hendra Galuh Febrianto
creator: Saiful Haq
rights: Hak Cipta (c) 2024 Jurnal Comparative: Ekonomi dan Bisnis
date: 2024-02-23
publication date: 2024-02-23
starting page: 19
ending page: 35
doi: 10.31000/combis.v6i1.10899