Shirkah Journal of Economics and Business最新文献_第5页

The Impact of the Provision of the COVID-19 Vaccine on Healthcare Stocks in Indonesia 提供COVID-19疫苗对印度尼西亚医疗保健库存的影响

Shirkah Journal of Economics and Business Pub Date : 2022-04-30 DOI: 10.22515/shirkah.v7i1.433

Faridhatun Faidah, Rhealin Hening Karatri, S. Alfarisi

{"title":"The Impact of the Provision of the COVID-19 Vaccine on Healthcare Stocks in Indonesia","authors":"Faridhatun Faidah, Rhealin Hening Karatri, S. Alfarisi","doi":"10.22515/shirkah.v7i1.433","DOIUrl":"https://doi.org/10.22515/shirkah.v7i1.433","url":null,"abstract":"The Coronavirus, which was firstly confirmed in Indonesia in 2020, had a hindering effect on the country's economy but a great impact on pharmaceutical companies. The first batch of vaccines that was administered in Indonesia on January 13, 2021, had a significant impact on healthcare stocks. This study examined the impact of the COVID-19 vaccine on healthcare stocks in Indonesia as seen from the stock price and the trading volume. Secondary data from 19 healthcare companies seven days before and seven days after the administration of COVID-19 vaccine was analyzed. Paired Samples t-test was carried out using the SPSS program. This study indicated that the administration of the COVID-19 vaccine has a strong impact in terms of increased changes in the healthcare stocks. Meanwhile, the trading volume decreased after the administration of the COVID-19 vaccine in Indonesia.The average of abnormal returns before and after the COVID-19 vaccine were at t-2, t+1, t+2, t+3, and t+7. Theoretically, the results of this discussion can be used as reference material for further research. In addition, it can be used in the development of knowledge in the field of stocks or pharmaceutical companies. The results of this study can practically be used as a reference for investors in making investment decisions.","PeriodicalId":31157,"journal":{"name":"Shirkah Journal of Economics and Business","volume":"258 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77079073","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Global Value Chain: Islamic Economics and Finance Position 全球价值链:伊斯兰经济与金融定位

Shirkah Journal of Economics and Business Pub Date : 2021-12-31 DOI: 10.22515/shirkah.v6i3.353

L. M. Pimada

引用次数: 5

The Determinant of Indonesian Stock Returns’ Volatility: Evidence from Islamic and Conventional Stock Market 印尼股票收益波动的决定因素:来自伊斯兰和传统股票市场的证据

Shirkah Journal of Economics and Business Pub Date : 2021-12-31 DOI: 10.22515/shirkah.v6i3.431

Septiana Indarwati, Agus Widarjono

{"title":"The Determinant of Indonesian Stock Returns’ Volatility: Evidence from Islamic and Conventional Stock Market","authors":"Septiana Indarwati, Agus Widarjono","doi":"10.22515/shirkah.v6i3.431","DOIUrl":"https://doi.org/10.22515/shirkah.v6i3.431","url":null,"abstract":"Islamic stock market is apparently different from the conventional stock market due to the prohibition of unlawful goods and excessive risk-taking behavior. This study explores the extent to which the Indonesian Islamic and conventional stock returns' volatility responds to the macroeconomic indicators. This study employs Jakarta Islamic Index (JII) and Indonesian Stock Exchange (IDX) and uses monthly time-series data covering 2001: M1 - 2019: M12. The volatility of stock returns is measured using Generalized Autoregressive Conditional Heteroskedasticity (GARCH). By employing the Autoregressive Distributed Lag Model (ARDL), the results validate the evidence of the long-run relationship between the stock market's volatility and macroeconomic variables. A rising in money supply and an economic upturn reduce the volatility of conventional stock returns but only an expansionary money supply diminishes the volatility of Islamic stock returns. Conversely, high inflation and sharp depreciation of the Rupiah boost the stock returns' volatility. The results further show an interesting finding that the Islamic stock market's volatility is more responsive to changes in macroeconomic indicators than the volatility of their counterpart conventional stock market. Policymakers should take strict rules during the worst economic conditions to minimize the negative impact of the instability of macroeconomic variables.","PeriodicalId":31157,"journal":{"name":"Shirkah Journal of Economics and Business","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88319633","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Exploring Gamification Strategy for Developing MSMEs during the COVID-19 Pandemic 探索新冠疫情期间中小微企业发展的游戏化战略

Shirkah Journal of Economics and Business Pub Date : 2021-12-31 DOI: 10.22515/shirkah.v6i3.402

Arief Dwi Saputra, Alfina Rahmatia, S. Wahyuningsih, Andi Azhar

{"title":"Exploring Gamification Strategy for Developing MSMEs during the COVID-19 Pandemic","authors":"Arief Dwi Saputra, Alfina Rahmatia, S. Wahyuningsih, Andi Azhar","doi":"10.22515/shirkah.v6i3.402","DOIUrl":"https://doi.org/10.22515/shirkah.v6i3.402","url":null,"abstract":"The COVID-19 pandemic brought about employees to be less enthusiastic due to the declining competitiveness and switching systems from offline to online. This study closely scrutinized how gamification strategies assume a part in entrepreneurial behavior on attitudes, subjective norms and behavioral control, and entrepreneurial education through self-efficacy, experience, and program involvement. Purposive sampling was utilized to choose a sample of 442 informants for this qualitative study. The review was carried out through a literature study and reinforced by in-depth interviews. The data was coded using the Nvivo 12 application with word similarity analysis at a maximum percentage of 100%. Based on the results of word similarity, there was a similarity in the relationship related to cluster analysis which classified the mutually supportive roles among variables as a business strategy during the pandemic. Overall, the application of gamification displays an impact on motivation, behavior change, and psychological effects on entrepreneurial behavior and education. The research contribution is utilized to address issues in the role of the organization as a solution to the relationship between gamification strategies and employee performance. The application of gamification strategies plays a role in opening fascinating exploration in the future. Further studies are expected to discuss pertaining business strategies in dealing with unexpected moments such as the COVID-19 pandemic.","PeriodicalId":31157,"journal":{"name":"Shirkah Journal of Economics and Business","volume":"78 10 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87903508","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Effectiveness of Islamic Monetary Policy Transmission on Inflation and Economic Performance 伊斯兰货币政策传导对通货膨胀和经济表现的有效性

Shirkah Journal of Economics and Business Pub Date : 2021-12-31 DOI: 10.22515/shirkah.v6i3.432

Anton Bawono, Khoir Umi Laksana, Rifda Nabila, Risdiana Himmati

{"title":"Effectiveness of Islamic Monetary Policy Transmission on Inflation and Economic Performance","authors":"Anton Bawono, Khoir Umi Laksana, Rifda Nabila, Risdiana Himmati","doi":"10.22515/shirkah.v6i3.432","DOIUrl":"https://doi.org/10.22515/shirkah.v6i3.432","url":null,"abstract":"The most crucial part for the economic development of a country is maintaining the stability of inflation to create a positive climate for economic and business activities. A number of efforts can be performed to achieve stable inflation and increase economic growth by designing monetary policy incorporating the variables of Bank Indonesia Sharia Certificate (SBIS), Islamic Interbank Money Market (IIMM), and Financing. Drawing on this issue, the in-hand study aims to examine the effectiveness of Islamic monetary policy transmission, using the instruments of SBIS, IIMM, and Financing, on inflation and economic performance (GDP) from the period of January 2011 to December 2020. Using secondary data, this study employs VAR/VECM approach by the assistance of Eviews program. The results reveal that in the short term period, inflation is significantly influenced by the IIMM, while GDP t is affected by the GDP t-1 and financing activities. In the long term period, both inflation and GDP are determined by SBIS and financing activities. In general, this study results in a conclusion that the variables of IIMM, financing activities, and GDP t-1 influence the economic performance both in short and long term periods. These results contribute as fruitful insights to developing financial strategies and monetary policy to maintain stable inflation and improve economic performance of a country.","PeriodicalId":31157,"journal":{"name":"Shirkah Journal of Economics and Business","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90120548","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Charitable Behavior of Muslim in Indonesia during the COVID-19 Pandemic: A Tobit Model Analysis 新冠肺炎疫情期间印尼穆斯林慈善行为的Tobit模型分析

Shirkah Journal of Economics and Business Pub Date : 2021-12-31 DOI: 10.22515/shirkah.v6i3.436

Agni Alam Awirya, Indah Piliyanti, D. Novita

{"title":"Charitable Behavior of Muslim in Indonesia during the COVID-19 Pandemic: A Tobit Model Analysis","authors":"Agni Alam Awirya, Indah Piliyanti, D. Novita","doi":"10.22515/shirkah.v6i3.436","DOIUrl":"https://doi.org/10.22515/shirkah.v6i3.436","url":null,"abstract":"The COVID-19 pandemic has caused a decline in social welfare. In such a situation, community philanthropy, including from the Muslim community, becomes critical. This study aims to explore the charitable behavior of Muslims in Indonesia during the COVID-19 pandemic. The Tobit regression was used to analyze data from online surveys to determine the pattern changes of donations during the pandemic as well as the factors affecting the amount of donation. This study uncovered that Zakat Management Organizations (BAZNAS and LAZ) were some of the main choices for distributing zakat and alms (sedekah) during the pandemic. It was found that the factors with a positive and significant effect on the probability of increasing the percentage of donations were education, length of stay, and expenses. The results of this study contribute to the policy of developing the Zakat Management Organization as institutions trusted by the community in distributing zakat funds. This study supports the fundraising of the zakat organizations in terms of offering valuable insights and clear description about the Indonesian people’s charitable behavior. More importantly, this study suggests that improving the quality of education is crucial to increase community awareness in performing Islamic philanthropy such as giving zakat, sedekah, and waqf.","PeriodicalId":31157,"journal":{"name":"Shirkah Journal of Economics and Business","volume":"31 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72823689","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Stress and Job Performance of Healthcare Workers amidst COVID-19 Pandemic: The Mediating Role of Burnout COVID-19大流行期间医护人员压力与工作绩效:职业倦怠的中介作用

Shirkah Journal of Economics and Business Pub Date : 2021-12-31 DOI: 10.22515/shirkah.v6i3.379

Tri Siwi Agustina, Putri Dian Rarastanti, Arifin Hidayat

{"title":"Stress and Job Performance of Healthcare Workers amidst COVID-19 Pandemic: The Mediating Role of Burnout","authors":"Tri Siwi Agustina, Putri Dian Rarastanti, Arifin Hidayat","doi":"10.22515/shirkah.v6i3.379","DOIUrl":"https://doi.org/10.22515/shirkah.v6i3.379","url":null,"abstract":"Healthcare workers in hospitals are one of the frontliners in handling the COVID-19 issue. However, previous studies were mostly directed on doctors and nurses, albeit many other workers are involved in managing the COVID-19 issue at a hospital. Physical and mental work pressures in performing their jobs and responsibilities potentially affect their performance. This study aims to shed some light on the direct influence of job stress on the job performance of healthcare workers during the COVID-19 pandemic with burnout as a mediating variable. This study make use of a cross-sectional approach by employing a questionnaire to gather the data from 194 healthcare workers at Aisyiyah Ponorogo General Hospital Indonesia. Drawing on the Structural Equation Modeling Partial Least Square, the results reveal that (1) job stress has a negative influence on the job performance of the healthcare workers, (2) job stress is proven to have a positive effect on the burnout of the healthcare workers, and (3) burnout is found to partially mediate the effect of job stress on the job performance of the healthcare workers. By referring to the compelling results, valuable suggestions are offered to the hospital managers and further related studies. This study’s results further contribute to providing recommendations for the hospital management as well as the government concerning on factors affecting the healthcare workers’ job performance, especially at the age of a crisis such as the COVID-19 pandemic.","PeriodicalId":31157,"journal":{"name":"Shirkah Journal of Economics and Business","volume":"28 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86193471","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

The Contribution of Waqf on Poverty Alleviation through Digital Platforms: A Case of Indonesia Waqf通过数字平台对扶贫的贡献:以印度尼西亚为例

Shirkah Journal of Economics and Business Pub Date : 2021-09-01 DOI: 10.22515/SHIRKAH.V6I2.386

A. Fanani, Ardhika Wahyu Kuncoro, A. Husni, Elina Adi Wijayanti

引用次数: 5

Factors Contributing to Deficit Spending in Indonesia 导致印尼财政赤字的因素

Shirkah Journal of Economics and Business Pub Date : 2021-09-01 DOI: 10.22515/shirkah.v6i2.350

Sri Walyoto, Daryono Soebagiyo, Ahmad Luthfi Ridho Hapsoro

引用次数: 0

Determinants of Online Zakat Intention amongst Muslim Millennials: An Integration of Technology Acceptance Model and Theory of Planned Behavior 千禧一代穆斯林在线天课意愿的决定因素:技术接受模型与计划行为理论的整合

Shirkah Journal of Economics and Business Pub Date : 2021-08-24 DOI: 10.22515/shirkah.v6i2.387

S. Y. Ninglasari

{"title":"Determinants of Online Zakat Intention amongst Muslim Millennials: An Integration of Technology Acceptance Model and Theory of Planned Behavior","authors":"S. Y. Ninglasari","doi":"10.22515/shirkah.v6i2.387","DOIUrl":"https://doi.org/10.22515/shirkah.v6i2.387","url":null,"abstract":"Today’s modern civilization has resulted in the crucial role of technology in human life, including financial matter. Integrating Technology Acceptance Model (TAM) and Theory of Planned Behavior (TPB), this study sheds some light on the determinants of Muslim millennials’ intention in performing zakat payment using Financial Technology (Fintech). An online questionnaire survey was conducted to gather the required data from a group of Indonesian Muslim millennials. Employing purposive sampling technique, the sample consisted of 200 respondents. The data were analyzed with the assistance of Structural Equation Model - Partial Least Square (SEM-PLS). The results demonstrated that perceived ease of use and perceived usefulness positively and significantly affected the respondents’ attitudes. Moreover, attitudes, subjective norms, and perceived behavioral control significantly affected the intention of using Fintech to perform zakat payment. The results further revealed that there was no direct influence between perceived ease of use and perceived usefulness on the respondents’ intention to use Fintech. However, it had an indirect effect by the mediation of attitude variable. As a theoretical implication, this study contributes to the literature enhancement in the discourse of TAM and TPB models in zakat context. Practically, it assists zakat management institutions recognize the Muslim millennial community and develop digital zakat payment platforms.","PeriodicalId":31157,"journal":{"name":"Shirkah Journal of Economics and Business","volume":"74 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-08-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80216515","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1