Indonesian Journal of Islamic Economics and Finance

Impact and Acceptance of Digitalization in the Indonesian Workplace

Lis Andriani HR — 2025-02-27

Digitalization has changed organizational dynamics and greatly improved operational efficiency in the workplace. Digitalization brings difficulties even with its benefits, especially with employee technological acceptability. This paper aims to investigate how digitalization affects employee productivity and workplace efficiency and to find elements influencing workers' technology adoption. A survey was conducted among 169 employees across various organizations in Indonesia, analyzing their perceptions of the usefulness, ease of use, and management support for digital technologies. The data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The study indicated that perceived usefulness is much influenced by perceived ease of use, which highly predicts technological uptake. While simplicity of use alone does not greatly affect acceptance without the acknowledged utility, management support is vital in helping the acceptance of technology. For digitalization to be effective, companies have to make sure staff members view these technologies as helpful in addition to using simple, user-friendly solutions. Technology adoption depends on a favorable environment, greatly fostered by management support.

The Impact of Islamic Corporate Governance, Corporate Social Responsibility, and Sustainability Reporting on Financial Performance: A Quantitative Analysis of Islamic Banks in Asia (2017–2023)

Ridwansyah Ridwansyah — 2025-02-27

Where the intent of This inquiry is to analyze the repercussion of the independent elementon the dependent elementon Islamic banks in Asia Inquiry year 2017-2023.This inquiry is a quantitative inquiry. This inquiry utilizes secondary data sourced from the official websites of each company, including the Annual Report, Financial Report, and Sustainability Report. The target group in This inquiry are Islamic banks in Asia. The sample of This inquiry consisted of 10 Islamic banks in the period 2017 to 2023. Up to 70 samples. The sampling method in this inquiry employs purposive sampling. The data examination technique utilized is multiple linear regression examination, conducted using the SPSS 25 software. The Discoveries of this inquiry exhibited that Islamic Corporate Governance variables have both partial and simultaneous repercussions on Financial performance. However, Islamic Corporate Social Responsibility and Sustainability Reporting do not have a partial repercussion on Financial performance. Meanwhile, when considered together, all independent variables collectively sway the dependent variable. Financial performance strives to enhance the resilience and competitiveness of Financial Services Institutions and has the principle of risk management, capacity building in the implementation of sustainable finance so that it can grow and develop sustainably.

Enhancing Financial Inclusion and Financial Literacy for Small and Medium Enterprises (SMEs) in Zambia: Challenges, Opportunities and Strategies for Growth

Kuldip Paliwal — 2025-03-19

The study aims to assess the range of FI among SME managers. Financial Inclusion (FI) ensures that every individual, especially the marginalized, has adequate access to financial services. The main objective of this study is to analyze the extent of SME managers’ access to financial schemes and policies in Zambia, Africa. The study describes the budget provided by the Zambian government for SMEs, which will help in examining the level of financial literacy (FL) of SME managers regarding budgeting. Despite their potential, SMEs face many challenges, including limited access to finance, inadequate financial literacy among entrepreneurs, and a fragmented regulatory environment and identifies opportunities to improve financial inclusion through targeted strategies. The study emphasizes the need to enhance financial literacy programs tailored to the needs of SME owners to empower them. The study also highlights the importance of collaborative efforts between government agencies, financial institutions, and development partners to create an enabling ecosystem. The study proposes actionable strategies that Zambia can implement to improve access to finance and enhance financial literacy. The study findings show that most entrepreneurs agree that financial accessibility is important for SME development and implement inclusive policies to expand the reach of financial services.

Analysis Self Efficacy in Improving Work-Life Balance on Employee Performance Terms Sharia Management Perspective

Virnadilla Hardianty — 2025-03-19

This study aims to investigate the relationship between Self-Efficacy and Work-Life Balance from the perspective of Islamic management, focusing on employees of the Public Works Department in Bandar Lampung. Employing a qualitative approach, the research involved four employees and utilized techniques such as data collection, reduction, presentation, and conclusion drawing, with data validity ensured through triangulation. The findings reveal that Self-Efficacy acts as a link between Work-Life Balance and employee performance, emphasizing the importance of Islamic management principles that advocate for a balance between personal life and work, as well as between worldly affairs and the hereafter. However, this study has limitations as it was conducted in a single organization with a small sample size, which means that claims regarding the generalizability of the results should be considered with caution. Therefore, the findings of this research are confined to the context of the organization studied. The study also offers practical recommendations for government offices to promote Self-Efficacy and Work-Life Balance, in line with Islamic values that emphasize balance and self-confidence. Overall, this research presents an original approach to understanding employee performance by integrating Self-Efficacy and Work-Life Balance within the framework of Islamic management, highlighting the importance of employees in balancing work responsibilities with personal and family needs.

The Effect of Financial Distress, Capital Intensity, Political Cost, And Company Size Against Accounting Conservatism

Anggie Prayoga — 2025-04-09

This research aims to analyze the influence of Financial Distress, Capital Intensity, Political Cost, and Company Size on Accounting Conservatism in manufacturing companies listed on the Jakarta Islamic Index from 2019 to 2023. A quantitative approach was employed using secondary data sourced from the financial statements of manufacturing companies listed on the Jakarta Islamic Index, published by the companies and the Indonesia Stock Exchange. The data were analyzed using panel data regression with the Fixed Effect Model (FEM). The results of the study indicate that Financial Distress, Political Cost, and Capital Intensity do not have a significant effect on Accounting Conservatism, while Company Size does have an effect on Accounting Conservatism. However, Financial Distress, Capital Intensity, Political Cost, and Company Size collectively have an influence on Accounting Conservatism.

Perceived Quality, Brand Trust, Image, and Loyalty as Key Drivers of Fast Food Brand Equity

Hizkia C. Ole — 2025-04-09

In the fiercely competitive fast-food industry, building strong brand equity is crucial for long-term success. This study investigates the effects of brand trust, brand image, and perceived quality on brand equity, while also examining the mediating role of brand loyalty in these relationships within the context of fast-food restaurants. Employing a quantitative, descriptive, and correlational research design, this study explores the interrelationships among these variables. Data were collected through a structured questionnaire administered to 175 regular customers of fast-food restaurants in North Sulawesi, Indonesia. The collected data were analyzed using Structural Equation Modeling (SEM) with the aid of SmartPLS statistical software. The findings reveal that brand image and perceived quality are the primary determinants of brand equity, exerting both direct and indirect effects through the mediating role of brand loyalty. However, brand trust does not significantly influence either brand loyalty or brand equity. The study’s focus on a specific geographic region limits the generalizability of the findings to a broader population. Furthermore, the measurement instruments employed may not comprehensively capture the emotional and functional dimensions of brand trust, which could affect the validity of the results. This study contributes to the field of brand management and the fast-food industry by providing insights into the critical factors shaping brand equity. The findings offer valuable implications for both academics and practitioners seeking to enhance brand equity through strategic brand management initiatives.