Jurnal Daya Saing http://ejournal.kompetif.com/index.php/dayasaing <p>Jurnal Daya Saing (Online ISSN: 2541-4356 | Print ISSN : 2407-800X) published by Komunitas Manajemen Kompetitif. This journal published thrice in February, June and October. It contain the articles such as scientific papers (research and non-research), analytical studies, theoretical applications and reviews of management issues. The publication of this journal aims to increase the quantity and quality as well as its spread with the science of communication among the intellectuals, practitioners, students and observers of management problems.</p> <p><strong>Accreditation by the Ministry of Research, Technology and Higher Education of the Republic of Indonesia</strong></p> <p>Based on the Decree of the Director General of Strengthening Research and Development of the Ministry of Research, Technology, and Higher Education <strong>Number: 177/E/KPT/2024 Date: 15 October 2024</strong> Concerning the Accreditation Ranking of Scientific Journals for Period II of 2024, the Daya Saing Journal is declared as an Accredited Scientific Journal with the category <strong>"Sinta 5" starting from Volume 5 Number 3 of 2022 to Volume 10 Number 2 of 2027.</strong></p> en-US idelwaldelmi@unilak.ac.id (Idel Waldelmi) novita@stier-akbar.ac.id (novita) Wed, 10 Jun 2026 13:54:40 +0700 OJS 3.2.1.5 http://blogs.law.harvard.edu/tech/rss 60 PENGARUH PELATIHAN, MOTIVASI KERJA, DAN KOMPENSASI TERHADAP KINERJA KARYAWAN DI KLINIK PRATAMA X http://ejournal.kompetif.com/index.php/dayasaing/article/view/3022 <p><em>The goal of this study is to “investigate the impact of training, work motivation, and compensation on employee performance at Klinik Pratama X”. This study uses a “quantitative method with an associative approach”. The sample group consists of 59 employees at Klinik Pratama X, and the full population was chosen as the sample using a saturation sampling method. Data were gathered by a “questionnaire and analyzed using SPSS Version 25 with multiple linear regression”. Before hypothesis testing, the data were checked for validity, reliability, and classical assumptions. The study's findings reveal that “training had no positive or significant influence on employee performance, with a significance level of 0.734”. Conversely, “job motivation and compensation have positive and substantial effects on employee performance, with p-values of 0.018 and 0.000, respectively”. At the same time, “training, work motivation, and salary all have a substantial effect on employee performance, with a p-value of 0.000, The coefficient of determination (R²) of 0.471 shows that these three variables account for 47.1% of the variation in employee performance, with the remaining 52.9% impacted by other factors”.</em></p> Salsabila Desindria, Recky Recky, Andhika Mochamad Siddiq, Kartika Nuradina Copyright (c) 2026 Recky Recky, Salsabila Desindria, Andhika Mochamad Siddiq, Kartika Nuradina http://ejournal.kompetif.com/index.php/dayasaing/article/view/3022 Sat, 01 Aug 2026 00:00:00 +0700 PERAN MEDIASI KOMUNIKASI ORGANISASI DALAM HUBUNGAN CHANGE READINESS DAN KINERJA OPERASIONAL (STUDI KASUS: BANDARA HUSEIN SASTRANEGARA BANDUNG) http://ejournal.kompetif.com/index.php/dayasaing/article/view/3021 <p>The success of transformation in the airport sector depends not only on the readiness of human resources but also on how effectively communication functions across organizational units. This study focuses on Husein Sastranegara Airport, Bandung, to investigate whether Organizational Communication serves as a bridge (mediator) between Employee Change Readiness and Operational Performance. Employing a quantitative explanatory research design, the study involved the entire population of 65 employees using a total sampling technique. Data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM), a variance-based structural equation modeling approach, through SmartPLS version 4. Of the five hypotheses tested, two significant relationships were identified: change readiness positively influences communication effectiveness, and communication effectiveness positively influences operational performance. However, the direct relationship between change readiness and operational performance was found to be insignificant. Furthermore, mediation analysis confirmed that organizational communication acts as a significant mediator, indicating that employee readiness for change contributes to operational performance only when supported by an effective organizational communication system</p> Purnama Safril Hudya, Recky Recky, Gurawan Dayona Ismail, Andhika Mochamad Siddiq, Kartika Nuradina Copyright (c) 2026 Purnama Safril Hudya, Recky Recky, Gurawan Dayona Ismail, Andhika Mochamad Siddiq, Kartika Nuradina http://ejournal.kompetif.com/index.php/dayasaing/article/view/3021 Sat, 01 Aug 2026 00:00:00 +0700 PENGARUH KUALITAS LAYANAN ADMINISTRASI, KEUANGAN, DAN PERPUSTAKAAN TERHADAP KEPUASAN MAHASISWA STIE TUAH NEGERI http://ejournal.kompetif.com/index.php/dayasaing/article/view/2987 <p><em>This study aims to analyze the effect of administrative, financial, and library service quality on student satisfaction at Sekolah Tinggi Ilmu Ekonomi (STIE) Tuah Negeri. A quantitative approach with an associative causal design was applied to 114 active students selected through non-probability (accidental) sampling. Data were collected via a five-point Likert scale questionnaire and analyzed using multiple linear regression. Results show that: (1) administrative service quality has a positive and significant partial effect on student satisfaction (Beta = 0,253; sig = 0,001); (2) financial service quality has a positive and significant partial effect on student satisfaction (Beta = 0,371; sig = 0,000); (3) library service quality has a positive and significant partial effect on student satisfaction (Beta = 0,347; sig = 0,000); and (4) simultaneously, the three variables significantly influence student satisfaction (F = 215,800; sig = 0,000) contributing 85,5%. These findings confirm the strategic importance of integrated service quality management for higher education institutions.</em></p> Rispa Eliza, Nasrullah Nasrullah, Meri Yanti, Indah Maha Sari Copyright (c) 2026 nasrullah, Rispa Eliza, Meri Yanti, Indah Maha Sari http://ejournal.kompetif.com/index.php/dayasaing/article/view/2987 Tue, 04 Aug 2026 00:00:00 +0700 PENGARUH PENGAWASAN TERHADAP DISIPLIN KERJA KARYAWAN PADA PT. XYZ http://ejournal.kompetif.com/index.php/dayasaing/article/view/2949 <p><em>Essentially, every organization requires a workforce with good work discipline.</em> <em>To achieve this good work discipline, leaders or heads of an institution must be able to supervise their employees' work performance and identify and monitor errors made by employees in carrying out their assigned tasks.</em> <em>This study aims to determine the effect of supervision on employee work discipline at PT.</em> <em>XYZ, with a sample of 87 employees.</em> <em>The results of a simple linear regression test yielded a value of Y = 18.035 + 0.476X.</em> <em>The t-test hypothesis test results showed that the calculated t-value (4.374) was greater than the t-table value (1.988) with a significance level of 0.000 &lt; 0.05, indicating that supervision influences work discipline.</em> <em>The coefficient of determination (R<sup>2</sup>) test yielded a value of 0.184, or 18.4%. The remaining 81.6% (100-18.4) was influenced by other variables not examined in this study.</em> <em>Therefore, this study concludes that supervision influences employee work discipline at PT.</em> <em>XYZ</em></p> Teguh Hendra, Aai Mustika Copyright (c) 2026 Teguh Hendra, Aai Mustika http://ejournal.kompetif.com/index.php/dayasaing/article/view/2949 Tue, 28 Jul 2026 00:00:00 +0700 ALOKASI ANGGARAN KEBIJAKAN MAKANAN BERGIZI GRATIS (MBG): TINJAUAN HUKUM EKONOMI SYARIAH DAN RELEVANSINYA DENGAN SDGS ZERO HUNGER http://ejournal.kompetif.com/index.php/dayasaing/article/view/2971 <p><em>The Free Nutritious Meal (MBG) program is President Prabowo Subianto's priority policy to address stunting. However, its universal tax-funded mechanism from the state budget raises fiscal justice concerns, as the financial burden is universally shared while direct benefits remain partial. This mixed-method socio-legal study aims to analyze MBG’s fiscal justice dimension through public policy, Maqashid Sharia, and SDGs Zero Hunger. The findings indicate that MBG aligns with Maqashid Sharia in protecting life, wealth, and public interest by stimulating local economies. Although a fiscal justice gap persists due to uneven distribution, it is offset by long-term national productivity gains. In conclusion, its sustainability relies on transparent governance and expanding distribution to remote areas to ensure inclusive distributive justice</em></p> Desi Devrika Devra Copyright (c) 2026 Desi Devrika Devra http://ejournal.kompetif.com/index.php/dayasaing/article/view/2971 Tue, 07 Jul 2026 00:00:00 +0700 PENGARUH STRATEGI RETENSI KARYAWAN TERHADAP TURNOVER KARYAWAN DENGAN LOYALITAS KARYAWAN SEBAGAI VARIABEL MEDIASI PADA PT. BUMANIK http://ejournal.kompetif.com/index.php/dayasaing/article/view/2969 <p>This study focuses on evaluating the impact of employee retention strategies on employee turnover, with employee loyalty serving as a mediating variable at PT Bumanik. The research employed a quantitative explanatory approach. The sample consisted of 120 active employees selected using a purposive sampling technique. Data were collected through a questionnaire using a five-point Likert scale and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) with SmartPLS software. The findings indicate that employee retention strategies have a positive and significant effect on employee loyalty. Conversely, both employee loyalty and employee retention strategies have a negative and significant effect on employee turnover. The mediation analysis confirms that employee loyalty significantly mediates the relationship between employee retention strategies and employee turnover. Overall, the implementation of effective employee retention strategies has been proven to enhance employee loyalty while simultaneously reducing turnover at PT Bumanik.</p> Tammy Putra Ramdhany, Recky Recky, Andhika Mochamad Siddiq, Kartika Nuradina, Prinska Damara Sastri Copyright (c) 2026 Tammy Putra Ramdhany, Recky Recky, Andhika Mochamad Siddiq, Kartika Nuradina, Prinska Damara Sastri http://ejournal.kompetif.com/index.php/dayasaing/article/view/2969 Sat, 01 Aug 2026 00:00:00 +0700 PENGARUH PROFITABILITAS (ROA), PELUANG PERTUMBUHAN (PROFIT GROWTH), DAN UKURAN PERUSAHAAN (SIZE) TERHADAP NILAI PERUSAHAAN (PBV) (STUDI PERUSAHAAN SEKTOR PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE 2017-2024) http://ejournal.kompetif.com/index.php/dayasaing/article/view/2963 <p>Studi ini difokuskan untuk mengevaluasi bagaimana Return on Assets (ROA), pertumbuhan laba (Profit Growth), serta skala bisnis (Size) mampu memengaruhi Price to Book Value (PBV) pada emiten bank di Bursa Efek Indonesia (BEI) sepanjang tahun 2017 hingga 2024. Melalui desain kuantitatif, data dianalisis menggunakan regresi data panel. Penentuan sampel dilakukan secara <em>purposive sampling</em> yang menghasilkan 23 emiten perbankan, sehingga diperoleh 184 data observasi. Berdasarkan pengujian hipotesis, ditemukan bahwa ROA maupun Profit Growth mampu meningkatkan nilai perusahaan secara parsial dan signifikan. Sebaliknya, variabel Size terbukti tidak memberikan dampak yang nyata terhadap PBV. Namun, ketika diuji secara bersama-sama, ketiga variabel independen tersebut secara simultan memengaruhi nilai perusahaan, di mana model ini mampu menjelaskan variasi data sebesar 80,3% (<em>Adjusted R²).</em> Hal ini mengisyaratkan bahwa pasar modal lebih menyoroti aspek fundamental, yakni kemampuan mencetak laba dan ekspansi pertumbuhan, ketimbang besaran aset perusahaan. Secara akademis, riset ini memperkaya literatur empiris terkait faktor penentu valuasi perusahaan, khususnya yang melintasi dinamika krisis pra-pandemi, masa pandemi, hingga fase pemulihan ekonomi</p> Neng Lela Nurliana Afrilia, Riyandi Nursumawidjaja, Erna Herlinawati Copyright (c) 2026 Neng Lela Nurliana Afrilia, Riyandi Nursumawidjaja, Erna Herlinawati http://ejournal.kompetif.com/index.php/dayasaing/article/view/2963 Sat, 18 Jul 2026 00:00:00 +0700 STRATEGI PENINGKATAN MOTIVASI KERJA PEKERJA HARIAN LEPAS (DAILY WORKER) BERBASIS ANALISIS SWOT DI KOTA BANDUNG http://ejournal.kompetif.com/index.php/dayasaing/article/view/2962 <p>This study aims to formulate a strategy to improve the work motivation of daily workers in Bandung City through an integration of a phenomenological approach and a SWOT analysis. Despite their significant contribution to the urban economy, this group often faces income uncertainty, minimal social security, and weak bargaining power, which directly affect the stability of work motivation. This gap is exacerbated by the dominance of previous studies that are linear quantitative or macro-juridical, leaving a gap in mapping motivation strategies that are based on subjective experiences and operationally measurable. This study uses a convergent mixed design, with a sample of 10 respondents selected through purposive and snowball sampling techniques until data saturation is reached. Data collection was carried out through a five-point Likert scale questionnaire (20 items) and contextual observation. Data were analyzed in stages: factor weighting using the IFAS-EFAS matrix, cross-strategy formulation using the TOWS matrix, and interpretive triangulation with phenomenological narratives. The research findings are expected to provide theoretical contributions in the form of an adaptive work motivation analysis model for flexible workers, while also generating applicable strategic recommendations for local governments and businesses in designing inclusive, measurable, and field-relevant HR interventions.</p> Satria Putra Prasetia, Recky Recky, Ida Farida Oesman, Nazarudin Nazarudin Copyright (c) 2026 Satria Putra Prasetia, Recky Recky, Ida Farida Oesman, Nazarudin Nazarudin http://ejournal.kompetif.com/index.php/dayasaing/article/view/2962 Sat, 18 Jul 2026 00:00:00 +0700 ANALISIS BELANJA PEMERINTAH DAERAH BERBASIS VALUE FOR MONEY TERHADAP INDEKS PEMBANGUNAN MANUSIA DI KABUPATEN KERINCI http://ejournal.kompetif.com/index.php/dayasaing/article/view/2955 <p>This study aims to analyze the local government expenditure performance of<br>Kerinci Regency based on the value for money concept, encompassing economy and<br>efficienci, as well as its impact on the Human Development Index (HDI). This research<br>is motivated by the importance of managing local government budgets with focus not<br>only on budget absorption but also on developmental impacts felt by the community.<br>Regional autonomy under Law Number 1 of 2022 grants local governments broad<br>authority in managing finances while demanding accountability and efficiency. The<br>independent variables are local government expenditure and value for money (economy<br>and efficiency), while the dependent variable is the HDI. The results show that: (1)<br>expenditure management during 2014–2024 falls into the economical category; (2)<br>efficiency fluctuated throughout the period — 6 years were categorized as efficient<br>(2014, 2015, 2017, 2018, 2021, 2022) and 5 years as inefficient (2016, 2019, 2020,<br>2023, 2024), though overall efficiency performance can be considered fairly good.</p> Ramah Ramah, Iskandar Sam, Misni Erwati Copyright (c) 2026 Ramah Ramah, Iskandar Sam, Misni Erwati http://ejournal.kompetif.com/index.php/dayasaing/article/view/2955 Mon, 20 Jul 2026 00:00:00 +0700 BUILDING HOTEL CUSTOMER LOYALTY THROUGH SERVICE QUALITY, CORPORATE IMAGE, AND CUSTOMER EXPERIENCE http://ejournal.kompetif.com/index.php/dayasaing/article/view/2953 <p><em>This study aims to analyze the effect of service quality on corporate image, the effect of corporate image on customer loyalty, the direct effect of service quality on customer loyalty, the mediating role of corporate image in the relationship between service quality and customer loyalty, and the moderating role of customer experience in the relationship between corporate image and customer loyalty. The research object is hotel customers in Kendari City, with a sample of 250 respondents selected using purposive sampling. Data were collected through a structured questionnaire using a five-point Likert scale and analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS). The findings show that service quality has a positive and significant effect on corporate image and customer loyalty. Corporate image also has a positive and significant effect on customer loyalty. Furthermore, corporate image mediates the effect of service quality on customer loyalty, while customer experience strengthens the relationship between corporate image and customer loyalty. These findings indicate that hotel customer loyalty is formed not only through direct service quality, but also through the image built by the hotel and the customer experience felt during service interactions</em>.</p> Conny Conny Copyright (c) 2026 astil http://ejournal.kompetif.com/index.php/dayasaing/article/view/2953 Sat, 18 Jul 2026 00:00:00 +0700 PENGARUH LITERASI, RELIGIUSITAS DAN PERSEPSI TERHADAP MINAT MENABUNG DI BANK SYARIAH (STUDI KASUS MAHASISWA SEKOLAH TINGGI ILMU EKONOMI RIAU) http://ejournal.kompetif.com/index.php/dayasaing/article/view/2950 <p>This study aims to determine the effect of Islamic financial literacy, religiosity, and perception on the intention to save in Islamic banks among students of Sekolah Tinggi Ilmu Ekonomi Riau. This research uses a quantitative approach. The population in this study were students of Sekolah Tinggi Ilmu Ekonomi Riau, with an unknown total population. The sample consisted of 115 respondents, determined based on Hair et al.’s recommendation by multiplying 23 statement items by 5. The sampling technique used was purposive sampling. Data were collected through questionnaires and analyzed using instrument testing, classical assumption testing, multiple linear regression analysis, t-test, F-test, and coefficient of determination. The results showed that Islamic financial literacy has a positive and significant effect on the intention to save in Islamic banks, with a t-count value of 2.168 &gt; t-table 1.981 and a significance value of 0.032 &lt; 0.05. Religiosity has a positive and significant effect, with a t-count value of 3.257 &gt; 1.981 and a significance value of 0.001 &lt; 0.05. Perception also has a positive and significant effect, with a t-count value of 12.834 &gt; 1.981 and a significance value of 0.001 &lt; 0.05. Simultaneously, Islamic financial literacy, religiosity, and perception have a significant effect on the intention to save in Islamic banks, with an F-count value of 243.101 &gt; F-table 2.69 and a significance value &lt; 0.05.</p> Diana Sri Dewi, Nurhayana Nurhayana Copyright (c) 2026 Diana Sri Dewi, Nurhayana Nurhayana http://ejournal.kompetif.com/index.php/dayasaing/article/view/2950 Sat, 18 Jul 2026 00:00:00 +0700 PERAN SPIRITUALITAS KERJA TERHADAP MAKNA KERJA DAN KINERJA GURU DI PONDOK PESANTREN AULIA CENDEKIA PEKANBARU http://ejournal.kompetif.com/index.php/dayasaing/article/view/2941 <p><em>This study aims to analyze the effect of workplace spirituality on teacher performance, both directly and indirectly through meaningful work as a mediating variable among teachers at Aulia Cendekia Islamic Boarding School, Pekanbaru. The research employed a quantitative approach using a survey method. The population consisted of all teachers at the institution, with a total sample of 32 respondents selected through a census technique. Data were collected using questionnaires and analyzed using Structural Equation Modeling–Partial Least Squares (SEM-PLS) with WarpPLS version 7.0. The results revealed that workplace spirituality had a positive and significant effect on meaningful work, with a path coefficient of 0.836 and a p-value of less than 0.001. However, workplace spirituality did not have a significant direct effect on teacher performance, with a path coefficient of -0.041 and a p-value of 0.407. Furthermore, meaningful work had a positive and significant effect on teacher performance, with a path coefficient of 0.874 and a p-value of less than 0.001. The indirect effect analysis indicated that meaningful work significantly mediated the relationship between workplace spirituality and teacher performance, with a coefficient of 0.731 and a p-value of less than 0.001. These findings suggest that workplace spirituality can improve teacher performance more effectively when it fosters a strong sense of meaningful work among teachers. Therefore, strengthening spiritual values and enhancing teachers’ perception of the meaningfulness of their profession are important factors in improving teacher performance within Islamic boarding school-based educational institutions</em></p> Firmansyah Firmansyah, Fitri Juliani, Abdul Rahman, Lina Fitriana Copyright (c) 2026 Firmansyah Firmansyah, Fitri Juliani, Abdul Rahman, Lina Fitriana http://ejournal.kompetif.com/index.php/dayasaing/article/view/2941 Tue, 14 Jul 2026 00:00:00 +0700 PENGARUH STRUKTUR MODAL, PEMEGANG SAHAM DEWAN DIREKSI, DAN PEMEGANG SAHAM KELUARGA TERHADAP KINERJA KEUANGAN http://ejournal.kompetif.com/index.php/dayasaing/article/view/2940 <p><em>The objective of this research is to analyze the effect of capital structure, board, and family shareholder on financial performance on the all of companies listed in Indonesia Stoct Exchange (BEI). The type of data is secondary data from the financial statements for 2013 to 2015. The sample of this research is 366 companies listed in indonesia stock exchange. </em></p> <p><em>The result showed that capital structure, board shreholders, family shareholder, profitabily, and leverage has a positive and significant effect on financial performance. Capital structure has a negatif and unsignificant effect on financial performance. Board shareholders has a negative and unsignificant effect on financial performance. Family shareholder has a positive and unsignificant effect on financial performance. Control variable: profitability has a positive and significant effect on financial performance, and leverage has a positive and unsignificant effect on financial performance</em></p> Syurti Primadayani, Femitri Eka Putri Copyright (c) 2026 Syurti Primadayani, Femitri Eka Putri http://ejournal.kompetif.com/index.php/dayasaing/article/view/2940 Tue, 14 Jul 2026 00:00:00 +0700 ANALISIS KINERJA KEUANGAN PERUSAHAAN UMUM DAERAH (PERUMDA) AIR MINUM TIRTA MAYANG KOTA JAMBI http://ejournal.kompetif.com/index.php/dayasaing/article/view/2936 <p><em>This study aims to analyze the development and financial performance of the Regional Public Water Utility Company (PERUMDA) Tirta Mayang of Jambi City during the period 2015–2024. The company’s development is examined based on business revenue, profit/loss, and number of customers. Meanwhile, financial performance is analyzed using financial ratio analysis, including liquidity ratio (Current Ratio), profitability ratio (Return on Assets/ROA), operational efficiency ratio, and activity ratio (Total Asset Turnover). This research employs a quantitative descriptive method using secondary data in the form of financial statements of PERUMDA Tirta Mayang Jambi City from 2015 to 2024. The data analysis technique involves calculating the growth of each indicator and the average financial ratios to assess the company’s financial condition during the research period. The results indicate that, on average, the development of PERUMDA Tirta Mayang Jambi City shows a positive trend. The average growth of business revenue is recorded at 9.15 percent per year, while the average growth in the number of customers reaches 5.46 percent per year. However, the company’s profit/loss development shows relatively high fluctuations. Based on the financial performance analysis, the average liquidity ratio is categorized as very good (highly liquid). The average profitability ratio (ROA) remains relatively low and falls into the poor category. The average operational efficiency ratio indicates a very efficient (good) condition. Meanwhile, the average activity ratio is considered less effective, suggesting that the utilization of company assets in generating revenue still needs improvement. Based on these findings, it can be concluded that PERUMDA Tirta Mayang Jambi City generally demonstrates positive development. However, improvements in financial performance are still required, particularly in terms of profitability and asset utilization optimization, in order to achieve more sustainable performance in the future</em></p> Muhammad Najib Ariqza, Rosmeli Rosmeli, Al Parok Al Parok Copyright (c) 2026 Muhammad Najib Ariqza, Rosmeli Rosmeli, Al Parok Al Parok http://ejournal.kompetif.com/index.php/dayasaing/article/view/2936 Mon, 29 Jun 2026 00:00:00 +0700 DAMPAK ESKALASI KONFLIK GEOPOLITIK AMERIKA SERIKAT–IRAN DALAM MEMPENGARUHI VOLATILITAS SAHAM PERUSAHAAN SEKTOR ENERGI YANG LISTING DI BURSA EFEK INDONESIA http://ejournal.kompetif.com/index.php/dayasaing/article/view/2934 <p>Geopolitical conflicts in the Middle East have significant implications for global energy markets and stock market stability, particularly in energy-related sectors. This study aims to examine the impact of the geopolitical escalation between the United States and Iran on the stock volatility of energy sector companies listed on the Indonesia Stock Exchange (IDX). The research employs a quantitative approach using the event study method with an event window of eleven trading days (t−5 to t+5) surrounding the event date of February 28, 2026, as the US and Israel launched coordinated airstrikes against strategic targets in Iran, including military and security sites. The analysis includes stock return, expected return, abnormal return (AR), average abnormal return (AAR), cumulative abnormal return (CAR), and stock volatility measured using standard deviation, as well as a paired sample t-test to assess differences before and after the event. The results indicate that the geopolitical conflict significantly affected stock returns and generated positive abnormal returns during the event window period. Furthermore, cumulative abnormal returns show a positive market response, while stock volatility increased significantly after the event. These findings suggest that geopolitical tensions between the United States and Iran contain important information affecting investor behavior and the performance of energy sector stocks in emerging markets such as Indonesia.</p> Linda Grace Loupatty Copyright (c) 2026 Linda Grace Loupatty http://ejournal.kompetif.com/index.php/dayasaing/article/view/2934 Thu, 18 Jun 2026 00:00:00 +0700 ANALISIS PENGARUH BELANJA DAERAH, PERTUMBUHAN EKONOMI, DAN TINGKAT PENGANGGURAN TERHADAP TINGKAT KEMISKINAN DI PROVINSI JAMBI http://ejournal.kompetif.com/index.php/dayasaing/article/view/2929 <p>This research is focused on exploring the trends in regional spending, economic advancement, unemployment statistics, and poverty rates, while also investigating how these elements impact poverty levels in Jambi Province from 2019 to 2024. The study utilizes secondary data sourced from reports by Badan Pusat Statistik and relevant organizations within Jambi Province. The analytical approaches employed are quantitative descriptive analysis and regression analysis using panel data. The findings reveal that regional spending has a notable negative impact on poverty rates in Jambi Province. This suggests that as regional spending increases, poverty rates tend to decrease. Economic growth appears to have no substantial effect on poverty levels, implying that the benefits of economic progress are not evenly shared across different segments of the population. Similarly, during the study's timeframe, the unemployment rate does not appear to significantly influence poverty. When considered together, regional expenditure, economic growth, and unemployment rate collectively exert a significant influence on poverty rates in Jambi Province. The Adjusted R² of 97. 8% demonstrates that these three factors account for a large portion of the variation in poverty levels, with the remaining percentage attributed to other influences not covered in this research. In light of these results, it is recommended that local authorities enhance the management of regional spending, particularly in areas that directly impact community well-being, to better support poverty alleviation initiatives in Jambi Province.</p> Nindi Puspita Sari, Etik Umiyati, Nurhayani Nurhayani Copyright (c) 2026 Nindi Puspita Sari, Etik Umiyati, Nurhayani Nurhayani http://ejournal.kompetif.com/index.php/dayasaing/article/view/2929 Sat, 20 Jun 2026 00:00:00 +0700 TOWARD A SMART ACADEMIC LIBRARY: EXAMINING SMART GOVERNMENT IMPLEMENTATION AND DIGITAL SERVICE TRANSFORMATION IN AN INDONESIAN PUBLIC UNIVERSITY http://ejournal.kompetif.com/index.php/dayasaing/article/view/2928 <p>The rapid advancement of digital technologies has transformed governance practices across higher education institutions, encouraging university libraries to adopt smart government principles to improve service quality, operational efficiency, and user engagement. As academic libraries evolve beyond their traditional role as repositories of printed collections, they are increasingly expected to provide integrated digital services that support teaching, research, and knowledge dissemination. This study investigates the implementation of smart government within the library of Universitas Riau and explores the institutional factors that facilitate or constrain this digital transformation. A qualitative descriptive approach was employed, using semi-structured interviews, direct observations, and institutional document analysis to obtain comprehensive insights into library governance and digital service delivery. The collected data were analyzed using the interactive model of Miles, Huberman, and Saldaña, consisting of data condensation, data display, and conclusion drawing, while data credibility was strengthened through methodological and source triangulation. The findings reveal that smart government implementation has substantially transformed library services through the digitalization of information resources, improved accessibility, integrated information systems, strengthened technological infrastructure, and enhanced staff competencies. These developments have enabled users to access academic resources more efficiently and have contributed to more responsive and user-centered library services. Nevertheless, several challenges remain, including incomplete system integration, infrastructure limitations, disparities in users' digital literacy, and the need for continuous professional development among library personnel. The study concludes that smart government provides an effective governance framework for accelerating the development of smart academic libraries while simultaneously improving institutional service quality. The findings also highlight the importance of integrating technological innovation, organizational readiness, and human resource development to ensure the long-term sustainability of digital transformation initiatives in higher education libraries.</p> <p><strong>Keywords</strong>: Smart government; smart library; digital transformation; academic libraries; digital governance; higher education; public service innovation</p> Eko Purnomo, Zulkarnaini Zulkarnaini Copyright (c) 2026 Eko Purnomo, Zulkarnaini Zulkarnaini http://ejournal.kompetif.com/index.php/dayasaing/article/view/2928 Mon, 15 Jun 2026 00:00:00 +0700 PENGARUH GAYA KEPEMIMPINAN TERHADAP KINERJA PEGAWAI DITINJAU DARI PERSPEKTIF EKONOMI ISLAM (SURVEI PADA KANTOR CAMAT KECAMATAN KAMPAR KIRI HULU) http://ejournal.kompetif.com/index.php/dayasaing/article/view/2924 <p>This study aims to analyze the influence of leadership style on employee performance at the Kampar Kiri Hulu Subdistrict Office and to examine it from the perspective of Islamic economics. Leadership is one of the most important factors affecting employee effectiveness in achieving organizational goals. From the Islamic economic perspective, leadership is not merely oriented toward organizational achievement but also emphasizes the values of trustworthiness (<em>amanah</em>), justice, responsibility, and exemplary conduct. This research employed a quantitative approach using a survey method. The population consisted of all employees of the Kampar Kiri Hulu Subdistrict Office, with a saturated sampling technique applied to select respondents. Data were collected through questionnaires and analyzed using simple linear regression analysis. The results indicate that leadership style has a positive and significant effect on employee performance. The better the leadership style implemented, the higher the level of employee performance achieved. Viewed from the perspective of Islamic economics, the leadership style practiced reflects Islamic leadership values such as trustworthiness (<em>amanah</em>), consultation (<em>shura</em>), justice, and responsibility, which contribute to improving employee motivation and productivity. Therefore, strengthening Islamic leadership values should be continuously promoted to enhance public service quality and organizational performance</p> Edi Haryono, Marabona Munthe Copyright (c) 2025 Edi Haryono, Marabona Munthe http://ejournal.kompetif.com/index.php/dayasaing/article/view/2924 Thu, 11 Jun 2026 00:00:00 +0700 PERAN TATA KELOLA KOPERASI DALAM OPTIMALISASI PENGELOLAAN KEBUN SAWIT PLASMA ( STUDI TERHADAP KINERJA PENGURUS) http://ejournal.kompetif.com/index.php/dayasaing/article/view/2919 <p>This study aims to deeply understand the role of cooperative governance in optimizing the management of plasma oil palm plantations by focusing on the performance of cooperative administrators. The approach used was a qualitative case study design. Data were obtained through in-depth interviews and field observations at plasma oil palm cooperatives. Informants were selected purposively, consisting of cooperative administrators, members, and other relevant parties. Data analysis was conducted using thematic analysis techniques through the stages of data reduction, data presentation, and conclusion drawing. The results show that good cooperative governance, particularly in the aspects of transparency, accountability, and member participation, plays a significant role in improving administrator performance. Effective administrator performance contributes to the optimization of plasma plantation management, both from a technical and administrative perspective, as well as yield distribution. However, constraints remain in the form of limited managerial capacity and low member involvement.</p> Risman Risman Copyright (c) 2026 Risman Risman http://ejournal.kompetif.com/index.php/dayasaing/article/view/2919 Thu, 02 Jul 2026 00:00:00 +0700 DETERMINAN KETIMPANGAN PENDAPATAN PULAU KALIMANTAN DAN PULAU SUMATERA http://ejournal.kompetif.com/index.php/dayasaing/article/view/2917 <p>Economic development does not only focus on increasing economic growth, but also on ensuring the equitable distribution of development outcomes so that they can be felt by all levels of society. Income inequality indicates that economic growth does not always occur alongside equitable distribution. Income inequality in Kalimantan and Sumatra fluctuated during the 2017–2023 period. This study analyzes the effect of GRDP per capita, local government capital expenditure, and the labor force participation rate on income inequality in both regions. This research uses secondary data with a panel data model, combining time series data from 2017 to 2023 and cross-sectional data from Kalimantan and Sumatra. The analysis applies the Fixed Effect Model approach using EViews 12 software. The data were obtained from the Statistics Indonesia (BPS) and local government publications. The results show that, partially, GRDP per capita has a negative and significant effect on income inequality in both Kalimantan and Sumatra. Meanwhile, local government capital expenditure and the labor force participation rate do not have a significant effect on income inequality in either region. The findings also show that income inequality in Kalimantan, at 0,320, is higher than in Sumatra, at 0,318. Therefore, the most influential factor affecting income inequality in Kalimantan and Sumatra is GRDP per capita</p> Yulia Fransiska Sembiring, Candra Mustika, Helen Parkhurst Copyright (c) 2026 Yulia Fransiska Sembiring, Candra Mustika, Helen Parkhurst http://ejournal.kompetif.com/index.php/dayasaing/article/view/2917 Fri, 10 Jul 2026 00:00:00 +0700