https://journal.ukmc.ac.id/index.php/jkb/issue/feed Jurnal Keuangan dan Bisnis 2024-11-13T05:33:53+00:00 Ega Loevani ega@ukmc.ac.id Open Journal Systems <p><strong>Journal Title:</strong> Jurnal Keuangan dan Bisnis (JKB)<br /><a href="https://portal.issn.org/resource/ISSN/2580-1236"><strong>E-ISSN:</strong> 2580-1236</a><br /><a href="https://portal.issn.org/resource/ISSN/1693-8224"><strong>P-ISSN:</strong> 1693-8224</a></p> <p><strong>Published by:</strong> Institute for Research and Community Service (LPPM), Catholic University Musi Charitas (UKMC), Palembang.</p> <p><strong>Publication Frequency:</strong> Biannually (March and October)</p> <p><strong>Description:</strong><br />Jurnal Keuangan dan Bisnis (JKB) is a peer-reviewed journal dedicated to advancing research in the fields of Economics, Management, Business Finance, and Accounting. The journal aims to disseminate valuable research findings to both academics and practitioners, fostering knowledge exchange and supporting best practices in these disciplines.</p> <p><strong>Scope and Focus:</strong><br />JKB publishes original research articles, reviews, and case studies that contribute to the understanding and development of economic and business practices. The journal covers topics including financial management, business strategies, accounting practices, and economic theories</p> <p><strong>Mission: </strong>The mission of JKB is to provide a platform for high-quality research that contributes to the academic and professional fields of finance and business. The journal strives to support scholarly communication and the practical application of research findings.</p> <p><strong>Vision: </strong>To be a leading journal recognized for its rigorous peer-review process and impactful contributions to the fields of finance and business.</p> <p class="x3AX1-LfntMc-header-title-title gm2-headline-5"><strong>Institute for Research and Community Service, Catholic University Musi Charitas (LPPM UKMC)<br /></strong></p> <p><strong>Mail : Jl. Bangau No.60, 9 Ilir, Kec. Ilir Tim. II, Kota Palembang, Sumatera Selatan, Indonesia<br />Phone: <a href="https://journal.ukmc.ac.id/index.php/jkb/management/settings/context/" rel="noopener">(0711) 378171</a><br />email: <a href="http://penerbitadm.com/index.php/SSJ/management/settings/website#appearance/setup/mailto:bima@pdmbengkulu.org">jkb@ukmc.ac.id</a></strong></p> https://journal.ukmc.ac.id/index.php/jkb/article/view/financial-distress-stock-prices NAVIGATING FINANCIAL TURBULENCE: HOW DISTRESS AFFECTS STOCK PRICES IN INFRASTRUCTURE, UTILITIES, AND TRANSPORTATION 2024-08-01T02:01:47+00:00 Tiara Tiara tiarajamaldwi12@gmail.com Munawarah Munawarah attar.khansa@gmail.com Muhammad Yunus Kasim mykasim.untad@gmail.com Fera Fera feranayoan.fr@gmail.com <p>This study investigates the impact of X-Score, Return on Assets (ROA), Debt to Assets Ratio (DAR), and Current Ratio (CR) on the stock prices of companies in the infrastructure, utilities, and transportation sectors listed on the Indonesia Stock Exchange. A quantitative approach with secondary data was employed, using multiple linear regression analysis. The Zmijewski Score model was utilized to assess the likelihood of company survival. The findings reveal that X-Score, ROA, DAR, and CR positively influence stock prices. The analysis demonstrates that ROA significantly impacts stock prices, suggesting that company profitability is a key determinant. Furthermore, effective debt management, as indicated by DAR, enhances market value. However, CR shows no significant relationship with stock prices, indicating that liquidity ratios do not necessarily correlate with market performance.</p> 2024-10-30T00:00:00+00:00 Copyright (c) 2024 Jurnal Keuangan dan Bisnis https://journal.ukmc.ac.id/index.php/jkb/article/view/1252 EXPLORING THE INFLUENCE OF BRAND PERCEPTION, CELEBRITY ADVOCACY, AND USER FEEDBACK ON SKINCARE PRODUCT PURCHASE CHOICES 2024-10-01T01:22:15+00:00 Catharina Clara clara@ukmc.ac.id Sharen Fernanda Marvin sharenfm@gmail.com Ega Leovani ega@ukmc.ac.id <p>This research aims to investigate how brand image, celebrity endorsements, and customer reviews on Instagram influence purchasing decisions specifically for facial brightening skincare products. The study targeted consumers with a history of purchasing facial brightening skincare items. Through purposive sampling, data were collected from 100 respondents using a questionnaire distributed via Google Forms. SPSS 24 software was then utilized for multiple linear regression analysis to test the proposed hypotheses. The findings indicate that brand image, celebrity endorsements, and customer reviews all have a positive influence on purchasing decisions related to skincare. Among these, customer reviews hold the strongest impact, underscoring the importance of managing online feedback and maintaining a positive brand reputation. Although brand image and celebrity endorsements contribute meaningfully to purchasing decisions, customer-generated content is the most influential driver of consumer behavior. This study makes a unique contribution by examining the combined impact of brand image, celebrity endorsements, and customer reviews on skincare purchasing decisions. This integrative approach provides a more comprehensive perspective on the factors influencing consumer behavior, in contrast to previous studies that looked at these variables separately.</p> 2024-10-30T00:00:00+00:00 Copyright (c) 2024 Catharina Clara, Sharen Fernanda Marvin, Ega Leovani https://journal.ukmc.ac.id/index.php/jkb/article/view/1130 PERTUMBUHAN PERUSAHAAN DAN LEVERAGE : PENGARUHNYA TERHADAP PERINGKAT OBLIGASI 2024-07-29T03:46:06+00:00 Marshella Marshella marshellayap1@gmail.com Anastasia Sri Mendari puket1stie@yahoo.com Fransiska Soejono fransiska@ukmc.ac.id <p><em>This study aims to examine the effect of company growth and leverage on bond ratings by focusing on non-financial companies listed on the Indonesia Stock Exchange with a research period during 2018-2022. The data used is secondary data. The population in this study are non-financial companies listed on the Indonesia Stock Exchange. The sampling technique used was purposive sampling method and obtained 27 companies with a total of 135 observations. Hypothesis testing is done with logistic regression analysis. The growth of a company is approximated by the assets growth ratio (AGR), while leverage is approximated by the debt to equity ratio (DER). The results of this study indicate that company growth has no effect on bond ratings and leverage affects bond ratings.</em></p> 2024-10-30T00:00:00+00:00 Copyright (c) 2024 Anastasia Sri Mendari https://journal.ukmc.ac.id/index.php/jkb/article/view/1248 ANALYSIS OF SMART CITY INITIATIVES TO SUPPORT ENVIRONMENTAL SUSTAINABILITY IN ASIA 2024-09-24T06:22:42+00:00 Wendy Junaidi wendy.junaidi@binus.ac.id <p><em>This study aims to provide strategic insights into implementing smart city initiatives to support environmental sustainability, enabling local governments in developing countries to manage the complexity of smart cities through the Internet of Things (IoT) technology. The study focuses on several smart city cases in Asia, including Jakarta (Indonesia), Da Nang (Vietnam), Tokyo (Japan), and Lusail (Qatar). It utilizes in-depth interviews with IT vendor management and business consultants involved in smart city projects, along with a review of government documentation. Findings identify planning phases, partnerships, technology selection, implementation, and evaluation as key priorities. Smart city initiatives transform targeted areas or even entire cities, thus requiring collaboration among local governments, technology providers, academics, and citizens for successful implementation. Governments need to adjust regulatory frameworks, including data ownership, environmental standards, and security. The private sector should stay updated on regulatory developments to ensure compliance before market entry.</em></p> <p> </p> 2024-10-30T00:00:00+00:00 Copyright (c) 2024 Wendy Junaidi https://journal.ukmc.ac.id/index.php/jkb/article/view/1188 PENINGKATAN KINERJA KARYAWAN DENGAN ORGANIZATIONAL LEARNING DAN ORGANIZATIONAL COMMITMENT SEBAGAI PEMEDIASI 2024-07-29T03:43:14+00:00 Tri Wahyono tri_wahyono@mercubuana.ac.id Faza Arya Ramadhana fazaarya21@gmail.com Subur Karyatun subur.karyatun@civitas.unas.ac.id Agus Arijanto agus.arijanto@mercubuana.ac.id Christian Kuswibowo christiankuswibowo@gmail.com Mochamad Soelton soelton@mercubuana.ac.id <p><em>Performance issues are of course inseparable from the process, results and effectiveness, in this case achievement or work performance is the result of work in terms of quality and quantity achieved by an employee in carrying out his duties in accordance with the responsibilities given to him. This research aims to test and analyze the influence of job descriptions on employee performance with organizational learning and organizational commitment as intervening variables. Using quantitative methods, with saturated sampling totaling 95 employees, using Structural Equation Model (SEM) as an analysis method with Smart - PLS. In conclusion, job descriptions have a positive and significant effect on employee performance, job descriptions have a positive and significant effect on organizational learning, job descriptions have a positive and significant effect on organizational commitment, organizational learning has a positive and significant effect on employee performance, organizational commitment has a positive and significant effect on employee performance, organizational learning is able to partially mediate the influence of job descriptions on employee performance, and organizational commitment is unable to mediate the influence of job descriptions on employee performance. An interesting finding from this research, without involving organizational learning, the influence of job descriptions on employee performance is very strong. There is a high indication that the correct division of job descriptions will encourage employees to work optimally. So that the company's goal of achieving high performance from all its employees will run according to strategic targets.</em></p> <p>&nbsp;</p> 2024-10-30T00:00:00+00:00 Copyright (c) 2024 Mochamad Soelton https://journal.ukmc.ac.id/index.php/jkb/article/view/stephanieayujkb PENGARUH CITRA MEREK, IKLAN, DAN E-WOM TERHADAP KEPUTUSAN PENGGUNA APLIKASI SPOTIFY 2024-07-29T03:44:04+00:00 Stephanie Ayu astrid.ayu@ukdc.ac.id V. Ratna Inggawati ratna.inggawati@ukdc.ac.id <p><em>Technological advancements have significantly impacted information consumption patterns, leading various information channels to modernize and adapt to user needs. Among these, radio has transitioned from a conventional audio medium to a digital platform. Digital radio, or streaming radio, allows users to access information flexibly, unrestricted by spatial and temporal limitations. This study aims to analyze the influence of brand image, advertising, and e-WOM on user decisions in choosing the digital radio application "Spotify." Using a quantitative approach, data was collected from Spotify users through an online survey. Results indicate that brand image, advertising, and e-WOM significantly impact user decisions, with brand image being the most dominant factor. Based on these findings, it is recommended that digital radio service providers enhance brand image, leverage advertising, and utilize e-WOM to retain user loyalty.</em></p> 2024-10-30T00:00:00+00:00 Copyright (c) 2024 Stephanie Ayu https://journal.ukmc.ac.id/index.php/jkb/article/view/candraastrajkb PERAN DIFERENSIASI PRODUK DAN BUKTI FISIK DALAM MENINGKATKAN KEPUASAN PELANGGAN 2024-11-13T05:33:53+00:00 Aditya Dame Kristian Aditya@gmail.co.id Candra Astra Terenggana candra_astraa@ukmc.ac.id <p>This study aims to analyze the impact of product differentiation and <em>physical evidence </em>on customer satisfaction at Bean Spot, a <em>coffee shop </em>located in Palembang City. Product differentiation includes innovation in coffee flavor variations, while <em>physical evidence </em>encompasses elements that shape the ambiance and comfort at the venue, such as layout design, facilities, and cleanliness. This research employs a quantitative approach, with primary data gathered from 107 respondents who have consumed Bean Spot products at least twice. Data analysis was performed using SPSS version 25. The findings indicate that both product differentiation and <em>physical evidence </em>have a positive and significant impact on customer satisfaction. These results emphasize that product innovation and a comfortable physical environment play essential roles in enhancing customer satisfaction and loyalty. This study is beneficial for Bean Spot’s management in developing more effective marketing strategies and can serve as a reference for other <em>coffee shop</em>s aiming to strengthen competitiveness through innovation and improved customer experience.</p> 2024-10-30T00:00:00+00:00 Copyright (c) 2024 Candra Astra Terenggana, Aditya Dame Kristian