https://efebe.feb.unila.ac.id/index.php/efebe/issue/feed E-journal Field of Economics, Business and Entrepreneurship (EFEBE) 2025-07-15T04:47:50+00:00 Editorial EFEBE efebe@feb.unila.ac.id Open Journal Systems <p style="text-align: justify;"><strong><img style="float: left; width: 200px; margin-top: 6px; margin-right: 10px; border: 1px solid #184B80;" src="http://efebe.feb.unila.ac.id/public/site/images/admin/homepageimage-en-us-cover.png" alt="" width="174" height="236" /></strong></p> <p style="text-align: justify;"><strong>E-journal Field of Economics, Business, and Entrepreneurship (EFEBE)</strong> <span class="HwtZe" lang="en"><span class="jCAhz ChMk0b"><span class="ryNqvb">The E-journal Field of Economics, Business, and Entrepreneurship (EFEBE) with <strong>E-ISSN 2964-5697</strong> is a scientific journal for students of <strong>the Faculty of Economics and Business, University of Lampung </strong>which is <strong>published by Goodwood Publishing</strong> in six times a year on February, April, June, August, October and December.</span></span></span> <strong>EFEBE</strong> contains publications of student research results, especially in the fields of Economics, Business and Entrepreneurship. EFEBE is also an arena for lecturers and students to develop and communicate research results that have been carried out, including carrying out scientific publication obligations required by the Faculty of Economics and Business, University of Lampung.</p> <p><strong>Open Access Policy</strong></p> <p style="text-align: justify;">This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge. All articles published Open Access will be immediately and permanently free for everyone to read and download. We are continuously working with our author communities to select the best choice of license options: Creative Commons Attribution-ShareAlike (CC BY-SA). Authors and readers can copy and redistribute the material in any medium or format, as well as remix, transform, and build upon the material for any purpose, even commercially, but they must give appropriate credit (cite to the article or content), provide a link to the license, and indicate if changes were made. If you remix, transform or build upon the material, you must distribute your contributions under the same license as the original.</p> <p>The Authors submitting a manuscript do so on the understanding that if accepted for publication, copyright of the article shall be assigned to E-journal Field of Economics, Business, and Entrepreneurship (EFEBE) journal and <strong>Goodwood, as the publisher of the journal.</strong></p> <p style="text-align: justify; font-family: Helvetica, Courier New, monospace;"><span style="text-decoration: underline;"><strong>EFEBE is indexed and/or available catalog in:</strong></span></p> <p><a href="https://scholar.google.com/citations?user=HmrocSoAAAAJ&amp;hl=en" target="_blank" rel="noopener"><img style="width: 174px; height: 66px;" src="http://efebe.feb.unila.ac.id/public/site/images/admin/google-sholar1-3ec794eacd8329dc6ee753c363336469.png" /></a> <a href="https://search.crossref.org/?q=2964-5697&amp;from_ui=yes" target="_blank" rel="noopener"><img style="width: 174px; height: 66px;" src="http://efebe.feb.unila.ac.id/public/site/images/admin/crossref2.png" /></a> <a href="https://garuda.kemdikbud.go.id/journal/view/28169" target="_blank" rel="noopener"><img style="width: 174px; height: 66px;" src="http://efebe.feb.unila.ac.id/public/site/images/admin/garuda3.png" /></a></p> <p><a href="https://app.dimensions.ai/discover/publication?search_mode=content&amp;search_text=E-journal%20Field%20of%20Economics%2C%20Business%2C%20and%20Entrepreneurship%20(EFEBE)&amp;search_type=kws&amp;search_field=full_search" target="_blank" rel="noopener"><img style="width: 174px; height: 66px;" src="http://efebe.feb.unila.ac.id/public/site/images/admin/dimension.png" /></a> <a title="BASE" href="https://www.base-search.net/Search/Results?q=coll:ftjefebe&amp;refid=dctableen" target="_blank" rel="noopener"><img style="width: 174px; height: 66px;" src="http://efebe.feb.unila.ac.id/public/site/images/admin/base.png" /></a> <img style="width: 174px; height: 66px;" src="http://efebe.feb.unila.ac.id/public/site/images/admin/road.png" /> </p> https://efebe.feb.unila.ac.id/index.php/efebe/article/view/269 ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI KUALITAS LINGKUNGAN INDONESIA 2025-06-25T14:52:07+00:00 Annisa Fatmawati annisafatmawati1811.042@gmail.com Dedy Yuliawan dedy.yuliawan@feb.unila.ac.id Zulfa Emalia emalia.zulfa@gmail.com Irma Febriana MK irma.febriana@feb.unila.ac.id <p>This study investigates the impact of key factors, Industrial Regional Gross Domestic Product (PDRB), population density, deforestation, and waste generation, on the Environmental Quality Index (IKLH) in Indonesia. The primary objective is to understand how these variables affect environmental quality across different regions. Using a panel data regression approach covering the years 2019-2023, this research employs various statistical tests, including Chow, Hausman, and Lagrange Multiplier tests, to know the appropriate model (FEM). The results indicate that PDRB sector industry and population density positively influence the IKLH, suggesting that industrial growth and effective population management can contribute to improved environmental quality. In contrast, deforestation negatively affects the IKLH, highlighting the detrimental impact of deforestation on ecosystem services such as carbon absorption and biodiversity. Although waste generation shows a positive effect, it is not statistically significant, indicating that waste management practices play a crucial role in mitigating environmental degradation. The study concludes that sustainable industrial development, effective population control, deforestation management, and robust waste management systems are key to enhancing Indonesia’s environmental quality.</p> 2025-06-26T00:00:00+00:00 Copyright (c) 2025 Annisa Fatmawati, Dedy Yuliawan , Zulfa Emalia , Irma Febriana MK https://efebe.feb.unila.ac.id/index.php/efebe/article/view/265 Analisis Perilaku Penggunaan Uang Non-Tunai (Studi Kasus Mahasiswa Universitas Lampung) 2025-06-28T00:13:32+00:00 Reisyah Marisca Putri reremarisca@gmail.com Thomas Andrian thomasandrian79@yahoo.co.id Imam Awaluddin imam.awaluddin@feb.unila.ac.id <p><em>The rapid advancement of technology in Indonesia’s financial sector, particularly through electronic money and non-cash instruments, has accelerated the shift in transaction patterns—especially since the launch of the National Non-Cash Movement (GNNT) by Bank Indonesia and the government in 2014 to promote an efficient, secure, and inclusive digital payment system. Generation Z, especially university students with a financial literacy index of 70.19% (OJK), demonstrates high adaptability to this transition. This study employs multiple linear regression to analyze the influence of income, perceived ease of use, perceived risk, and consumption expenditure on the use of non-cash payments. The findings show that income, perception, and consumption expenditure have a positive and significant effect on non- cash payment usage, shaping digital financial behavior among the </em><em>youth and offering strategic insights for policymakers and financial institutions to strengthen the development of the non-cash ecosystem.</em></p> 2025-06-28T00:00:00+00:00 Copyright (c) 2025 Reisyah Marisca Putri, Thomas Andrian, Imam Awaluddin https://efebe.feb.unila.ac.id/index.php/efebe/article/view/267 PENGARUH PENANAMAN MODAL ASING TERHADAP PENYERAPAN TENAGA KERJA DAN PDRB PROVINSI JAWA BARAT MENGGUNAKAN PANEL DINAMIS 2025-06-25T15:34:16+00:00 Diana Mawarni dianamwrni03@gmail.com Tiara Nirmala tiaranirmala@yahoo.co.id Imam Awaluddin imam.awaluddin@feb.unila.ac.id <p><em>This research aims to analyze the impact of foreign direct investment (FDI) in the manufacturing sector on labor absorption and Gross Regional Domestic Product (GRDP) in West Java Province. Specifically, this research examines the effect of FDI, real wages, real interest rates, and GRDP on labor absorption, as well as the effect of FDI, domestic investment, capital expenditure, and labor on GRDP. The data used is panel data from 2015 to 2023, analyzed with a dynamic panel. The results show that FDI has a positive effect on labor absorption and GRDP. All independent variables in both models are also proven to have a significant effect, both partially and jointly, on the dependent variable of labor absorption and GRDP. </em></p> 2025-06-27T00:00:00+00:00 Copyright (c) 2025 Diana Mawarni, Tiara Nirmala, Imam Awaluddin https://efebe.feb.unila.ac.id/index.php/efebe/article/view/291 ANALISIS SEKTOR EKONOMI UNGGULAN TERHADAP PEMBANGUNAN WILAYAH DI KABUPATEN PESISIR BARAT 2025-06-26T13:08:49+00:00 Fuad Azka fuadazka321@gmail.com Zulfa Emalia zulfa.emalia@feb.unila.ac.id Resha Moniyana resha.moniyana@feb.unila.ac.id <p style="text-align: justify;"><em><span style="font-size: 11.0pt; font-family: 'Book Antiqua',serif;">This study seeks to determine the primary economic sectors and assess their impact on regional development in Pesisir Barat Regency. Achieving sustainable regional growth necessitates the identification of strategic sectors capable of driving economic progress and enhancing the well-being of local communities. A descriptive quantitative method is employed in this research, utilizing the Location Quotient (LQ) technique to pinpoint basic sectors. Additionally, a sectoral typology analysis is conducted by examining the average LQ alongside the analysis focuses on the average contribution to the Gross Regional Domestic Product (GRDP), using GRDP data at constant 2010 prices for the period 2018 to 2022, obtained from the Central Bureau of Statistics (BPS). The results reveal that the Agriculture, Forestry, and Fisheries sector, along with the Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles sector, are classified as basic sectors and are situated in Quadrant I. As such, implementing targeted and sustainable development strategies is essential. These may include boosting investment, upgrading infrastructure, supporting local entrepreneurs, and improving human capital. The insights and recommendations from this research are intended to guide regional policymakers in crafting effective development strategies that leverage the region’s economic strengths.</span></em></p> 2025-06-27T00:00:00+00:00 Copyright (c) 2025 Fuad Azka, Zulfa Emalia, Resha Moniyana https://efebe.feb.unila.ac.id/index.php/efebe/article/view/263 ANALISIS RELEVANSI HIPOTESIS KUZNET TERHADAP KETIMPANGAN PENDAPATAN DI INDONESIA PERIODE 2004-2023 2025-07-15T04:47:50+00:00 Aqil Usman Hermawan aqilhermawan19@gmail.com Arivina Ratih Yulihar Taher arivina.ratih@feb.unila.ac.id <p><em>This study examines factors influencing income inequality in Indonesia and tests the Kuznets Hypothesis from 2004 to 2023 using panel data from 33 provinces. The analysis applies the Fixed Effect Model (FEM), chosen through Chow and Hausman tests, while checking for classical assumptions like normality, multicollinearity, and heteroscedasticity. Key variables include Gross Regional Domestic Product (GRDP), its square to test the Kuznets Hypothesis, Human Development Index (HDI), Gross Fixed Capital Formation (GFCF), Open Unemployment Rate (OUR), and Poverty Rate (PR). Results show that GRDP positively affects inequality, while its square negatively impacts it, supporting the inverted U-curve theory. HDI reduces inequality, whereas GFCF increases it, suggesting investment concentration widens the gap. OUR and PR both decrease inequality, indicating more equal income distribution in areas with lower welfare. The study highlights the need for inclusive growth, equitable human development, and fair investment distribution to reduce inequality.</em></p> 2025-07-15T00:00:00+00:00 Copyright (c) 2025 Aqil Usman Hermawan, Arivina Ratih Yulihar Taher https://efebe.feb.unila.ac.id/index.php/efebe/article/view/282 Identification of the Combination of Factors Decreasing Stunting in Indonesia, using the QCA method 2025-06-25T16:30:34+00:00 Endang Mega Utami Mega emega8796@gmail.com Deddy Yuliawan deddy.yuliawan@feb.unila.ac.id Vitriyani Tri Purwaningsih vitriyanitp@gmail.com <p><em>Stunting remains a critical challenge in improving human capital development in Indonesia. Despite numerous government intervention programs, their effectiveness in reducing stunting prevalence has not been comprehensively evaluated. This study aims to assess the effectiveness of government interventions in addressing stunting using the multi-value Qualitative Comparative Analysis (mvQCA) method, based on data from 34 provinces in Indonesia. The variables analyzed include complete basic immunization coverage, exclusive breastfeeding, National Health Insurance (JKN) ownership, access to proper sanitation, active community health posts (Posyandu), average years of schooling for women, and poverty levels. The results reveal that no single factor is consistently sufficient to reduce stunting rates. Instead, combinations of these factors form effective configurations in lowering stunting prevalence. These findings highlight the importance of adopting a holistic and contextual policy approach in tackling stunting across different regions. This study provides valuable policy implications for designing more targeted and effective interventions to combat stunting in Indonesia.</em></p> <p><strong><em>Keywords: stunting, government intervention, mvQCA, health policy, sanitation, exclusive breastfeeding, immunization, health insurance.</em></strong></p> 2025-06-27T00:00:00+00:00 Copyright (c) 2025 Endang Mega Utami Mega, Deddy Yuliawan, Vitriyani Tri Purwaningsih https://efebe.feb.unila.ac.id/index.php/efebe/article/view/274 Analisis Faktor-Faktor Yang Memengaruhi Foreign Direct Investment Tingkat Provinsi di Indonesia 2025-05-21T00:02:03+00:00 Yasidik Nyamando sidiknyamando@gmail.com Thomas Andrian thomas.andrian@feb.unila.ac.id <p><em>This study aims to analyze the factors that influence the analysis of factors that influence foreign direct investment at the provincial level in Indonesia. The data used is panel data from 34 provinces in Indonesia during the period 2014-2023. The analysis method used is dynamic panel data regression with the Generalized Method of Moment approach, using the variables of gross regional domestic product per capita, inflation, human development index, provincial minimum wage, ICT development index, road length, and FDI in the previous year. The results showed that the variables of gross regional domestic product per capita, inflation, road length, and FDI in the previous year had a positive and significant effect on foreign direct investment, while the provincial minimum wage had a negative and significant effect on foreign direct investment. However, the variables of human development index and ICT development index have no significant effect on foreign direct investment.</em></p> 2025-06-28T00:00:00+00:00 Copyright (c) 2025 Yasidik Nyamando, Thomas Andrian https://efebe.feb.unila.ac.id/index.php/efebe/article/view/287 DETERMINAN KEBIJAKAN DIVIDEN PADA PERUSAHAAN PERKEBUNAN TERDAFTAR DI BEI 2019-2023 2025-06-28T18:01:42+00:00 M. Tondi Martha mtondimartha@gmail.com Agrianti Komalasarii agrianti.komalasari@feb.unila.ac.id <p><em>Indonesia's plantation sector experienced significant fluctuations between 2019 and 2023, affecting corporate dividend policies. This study aims to analyze the influence of institutional ownership, leverage, profitability, and free cash flow on dividend policy among plantation companies listed on the Indonesia Stock Exchange during 2019–2023. Using purposive sampling, 19 companies were selected and analyzed through multiple linear regression. The results indicate that institutional ownership and free cash flow have no significant effect on dividend policy. Leverage has a negative impact, suggesting that increased debt reduces a company's ability to pay dividends. Profitability has a positive effect, indicating that more profitable companies tend to distribute higher dividends. This study contributes to a deeper understanding of dividend policy determinants in Indonesia's plantation industry</em><em>.</em></p> 2025-06-28T00:00:00+00:00 Copyright (c) 2025 M. Tondi Martha, Agrianti Komalasarii https://efebe.feb.unila.ac.id/index.php/efebe/article/view/257 PENGARUH SOLVABILITAS, PERTUMBUHAN PENJUALAN, DAN KINERJA LINGKUNGAN TERHADAP PROFITABILITAS PADA PERUSAHAAN SEKTOR INDUSTRI DASAR DAN KIMIA YANG TERDAFTAR DI BEI 2025-04-30T17:03:59+00:00 Feni Heriza feniheriza23@gmail.com Fajar Gustiawaty Dewi fajargustiawaty.dewi@feb.unila.ac.id <p><em>Tujuan penelitian ini adalah untuk membuktikan secara empiris apakah solvabilitas, pertumbuhan penjualan, dan kinerja lingkungan berpengaruh terhadap profitabilitas. Metode penelitian dengan menggunakan metode purposive sampling. Hasil penelitian ini adalah solvabilitas yang di proksikan oleh DER dan pertumbuhan penjualan berpengaruh terhadap profitabilitas yang diproksikan oleh ROA sedangkan kinerja lingkungann tidak berpengaruh terhadap profitabilitas.</em></p> 2025-06-12T00:00:00+00:00 Copyright (c) 2025 Feni Heriza, Fajar Gustiawaty Dewi https://efebe.feb.unila.ac.id/index.php/efebe/article/view/278 PENGARUH STRUKTUR MODAL DAN KEBIJAKAN DIVIDEN TERHADAP HARGA SAHAM DENGAN PROFITABILITAS SEBAGAI VARIABEL KONTROL 2025-06-25T14:17:55+00:00 Elwan Effendi elwaneffendi97@gmail.com Sri Hasnawati sri.hasnawti@feb.unila.ac.id <p><em>This investigation is seek to investigate how capital structur and dividend policy effect stock pricees, with profitability, messured through return on asets, acting as a control variabel. The study foccuses on Propery and Real Estate firms listed on the Indonesia Stokc Exchange during the 2017–2023 period. Using purpossive sampling, 13 companies were selected to form the final sample. The data analaysis employed multipel linear regresion, utilizing Eviews software as the primary analytical tool. Based on the evaluation, the Random Efect Model (REM) was identified as the most apropriate model for the dataset. Findings indicate that 25.6% of the fluctuations in stock pricess can be explined by variations in capital structure and dividend policy, alongside the control variable, return on assets. The remmaining 74.4% is influenced by other faktors not considred in this study. Results from the t-test reveal a significant negative relationship betwen capital structure and stocck prices, whereas dividend policy shows a significan positive effect. Additionally, the F-test supports the conclusion that capital structure, dividend policy, and profitability jointly exert a meaningful impact on stock price performance.</em></p> 2025-06-26T00:00:00+00:00 Copyright (c) 2025 Elwan Effendi, Sri Hasnawati https://efebe.feb.unila.ac.id/index.php/efebe/article/view/270 Pengaruh Kinerja Lingkungan, Biaya Lingkungan, Dan Ukuran Perusahaan Terhadap Kinerja Keuangan 2025-05-20T19:49:23+00:00 Riri Gusnia Ananda ririgusnia3@gmail.com Ernie Hendrawaty ernie.hendrawaty@feb.unila.ac.id <p><em>This study seeks to analyze the impact of environmental performance, environmental expenses, and company size on the financial performance of food and beverage firms listed on the Indonesia Stock Exchange from 2018 to 2022. The study utilized multiple linear regression analysis on a sample of 100 data points from 20 firms. The findings indicate that environmental performance adversely and significantly impacts financial performance, suggesting that enhancements in environmental performance diminish firm profitability. Environmental expenses adversely and significantly impact financial performance, indicating that increased environmental expenditures have not yielded commensurate financial rewards. Simultaneously, business size exerts a positive and considerable influence on financial performance, indicating that organizations with greater assets are more adept at generating profits. This study underscores the significance of efficient environmental cost management systems and the necessity of reconciling environmental social responsibility with business financial objectives. Moreover, larger enterprises possess enhanced chances to retain stability and improve their performance in response to the escalating demands for sustainable business practices.</em></p> 2025-06-28T00:00:00+00:00 Copyright (c) 2025 Riri Gusnia Ananda, Ernie Hendrawaty