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English Version This study aims to examine the impact of military connections on the risk of publicly traded companies in Indonesia and to assess the role of the risk monitoring committee (KPR) as a moderating variable. Data from 2,177 observations of public companies in Indonesia over the 2019-2022 period were analyzed using a quantitative approach and regression model. The study found that military connections have a negative effect on firm risk, indicating that executives with military experience are able to manage company risks effectively by emphasizing discipline, thereby reducing overall corporate risk. The study also revealed that the risk monitoring committee moderates the relationship between military connections and firm risk. These findings have implications for corporate governance policy development, specifically in mitigating the impact of military connections on corporate risk. The study contributes to evidence that the intersection between business and military connections in Indonesia influences corporate risk, highlighting the future importance of risk management. This research provides a novel perspective by focusing on the unique business and geopolitical context of Indonesia, an area that has not been the primary focus of previous studies. Versi Indonesia Penelitian ini bertujuan menguji dampak adanya koneksi militer (military connection) terhadap risiko perusahaan publik di Indonesia dan menguji peran komite pemantau risiko (KPR) sebagai variabel moderasi. Data dianalisis dari 2177 observasi sampel perusahaan publik di Indonesia selama periode 2019-2022 menggunakan pendekatan kuantitatif dan model regresi. Penelitian ini menemukan bahwa military connection berpengaruh negatif terhadap firm risk. Hal ini menunjukkan bahwa para eksekutif dengan pengalaman militer mampu mengendalikan risiko perusahaan dengan mengedepankan kedisiplinan sehingga mampu menurunkan risiko perusahaan. Penelitian ini juga menemukan bahwa komite pemantau risiko mampu memoderasi hubungan antara military connection dan firm risk. Penelitian berimplikasi pada pentingnya bagi pengembangan kebijakan tata kelola perusahaan untuk mengurangi dampak military connection pada risiko perusahaan. Penelitian ini berkontribusi pada pembuktian bahwa adanya koneksi antara bisnis dan militer di Indonesia akan berdampak pada risiko perusahaan dan pentingnya manajemen risiko di masa depan. Kondisi ini menjadi keterbaharuan riset ini dimana penelitian terdahulu tidak berfokus pada kondisi bisnis dan geopolitik Indonesia

Binong Jati is one of the creative tourism urban villages created by the Bandung city administration as part of a program to boost the tourism industry. After 58 years, rebranding was required to alter the image of the Binong Jati knitting industrial center into the Binong Jati creative tourism urban village. This study sought to evaluate the impact of rebranding on brand image through repositioning, renaming, redesigning, and relaunch dimensions. One hundred twenty-nine visitors to the Binong Jati creative tourism urban village were polled online using quantitative research and purposive sampling. Multiple linear regression was used to analyze the data with IBM SPSS Statistics 25. According to the findings, rebranding affected brand image by 60%. The brand image was significantly impacted by repositioning, renaming, and relaunch, with relaunch having the most effect. These results can be used by management to strengthen the rebranding effort and better how the general public perceives the community.

AbstractThis research article examines the implementation of service-dominant logic in technology-based business incubators, specifically focusing on Bandung Techno Park in Indonesia. The research examines the connection between service providers and clients, the function of technology-based business incubators in assisting enterprises, and the consequences of transitioning from a focus on products to a focus on services. This study offers an extensive literature analysis on technology-based business incubators, goods-dominant logic, and service-dominant logic. Additionally, it analyzes the business process structure and services provided by Bandung Techno Park. The study highlights the significance of comprehending service-dominant logic principles while evaluating and improving services in technology-based business incubators. Furthermore, it emphasizes the importance of collaborations between universities and industries, the transition to more participatory innovation models, and the involvement of service-dominant logic in generating value. The article recommends doing further research in this field, namely with larger sample sizes and longitudinal investigations.

This study aims to determine whether using social media such as TikTok, Instagram, and Facebook can improve the performance of MSMEs if innovation capability is used effectively. The research employs a quantitative approach, involving 300 respondents who are MSME owners or managers in Kebumen Regency. The analysis utilizes the Partial Least Square (SmartPLS) method to assess the seven hypotheses proposed in this study. The results indicate that social media platforms like TikTok, Instagram, and Facebook positively influence MSMEs' performance. Additionally, innovation capability exhibits a positive impact on MSMEs' performance. Furthermore, innovation capability moderates the connection between Instagram usage and MSMEs' performance. However, it does not exert a similar moderating effect on the relationship between TikTok and Facebook usage and MSMEs' performance. These findings offer valuable insights for MSME owners and managers, enabling them to navigate and leverage the evolving landscape of social media marketing to maintain their competitiveness and performance.

Amidst the global push for sustainability, the burgeoning electric vehicle (EV) industry has driven increased demand for batteries, placing the Indonesian nickel ore sector in a pivotal position due to its vast reserves. This study thoroughly examines the investment landscape of this sector, utilizing advanced portfolio optimization techniques to analyze four major nickel ore mine firms in Indonesia. Through Monte Carlo simulations, the study evaluates the optimal portfolios of risky assets, comparing their performance before and during the COVID-19 pandemic. Findings reveal a significant shift in portfolio composition during the Pandemic, reflecting investors' response to global disruptions by diversifying their holdings. Notably, the Sharpe Ratio, a risk-adjusted return measure, demonstrates an impressive increase in return relative to risk during the Pandemic, emphasizing the sector's resilience and attractiveness for investment, especially in times of economic uncertainty like the COVID-19 pandemic. The transformation in portfolio weights and the corresponding increase in risk-adjusted returns highlight the sector’s potential as a lucrative investment avenue, especially during periods of global economic uncertainty like the COVID-19 pandemic.

This paper explains Individual Abilities of Managers as a mediation of the influence of Self-Leadership on Entrepreneurial Intention in the Millennial Generation of Malang City. Types of quantitative research with explanatory research methods. The sample taken was millennials as many as 161 respondents. data collection with questionnaires and using Smart-PLS as its analysis tool. The results showed that Self Leadership directly has a significant effect on Entrepreneurial Intention. Furthermore, Self Leadership has a significant effect on Individual Abilities of Managers has a significant effect on Entrepreneurial Intention. Then, Individual Abilities of Managers have a significant effect on Entrepreneurial Intention. Finally, Individual Abilities of Managers are indirectly capable of being partial mediating variables. Artikel ini menjelaskan Individual Abilities of Managers sebagai mediasi pengaruh Self-Leadership terhadap Entrepreneurial Intention pada generasi Millenial Kota Malang. Jenis penelitian kuantitatif dengan metode explanatory research. Sampel yang diambil adalah generasi millenial sebanyak 161 responden. Pengumpulan data dengan kuesioner dan menggunakan Smart-PLS sebagai alat analisisnya. Hasil penelitian menunjukkan bahwa secara langsung Self Leadership berpengaruh signifikan terhadap Entrepreneurial Intention. Selanjutnya, Self Leadership berpengaruh signifikan terhadap Individual Abilities of Managers berpengaruh signifikan terhadap Entrepreneurial Intention. Kemudian, Individual Abilities of Managers berpengaruh signifikan terhadap Entrepreneurial Intention. Terakhir, Individual Abilities of Managers secara tidak langsung mampu menjadi variabel mediasi bersifat mediasi sebagian.

The Cash Social Assistance Covid-19 (BST Covid-19) aims to help the community affected by the Covid-19 pandemic. However, the assistance index (the social assistance amount per household), which is relatively small and has a uniform magnitude, is "considered" not yet accommodating to the various economic burdens of the community, especially in urban areas. The BST-19 has also become vague in maintaining purchasing power. This study tries to analyze the BST Covid-19 impact on the household's welfare in urban and rural regions, and, at the same time, relate it to Indonesia's economic performance. This study uses a quantitative approach to the Computable General Equilibrium Model (CGE). Secondary data is needed to support the construction of the model. The data come from Central Bureau Statistics, the Ministry of Social Affairs, the Ministry of Finance, previous research results, etc. The study results show that the provision of Covid-19 BST positively impacts household welfare even though it has not been reflected at the macroeconomic level. Differentiation of the BST Covid-19 index considers the economic burden in which the household lives will potentially increase assistance benefits. The provision of BST Covid-19 combined with community empowerment programs or policies has proven to have better benefits than only being provided with social assistance.

At the time of writing, the government of Republic of Indonesia releases the warning the danger of new variant of Covid-19, Omicron XBB. Long after people get used to live on “the new life after pandemic”, we might perceive that the danger of Covid-19 has no longer considered as threatening as it used to before. Looking at how people perceive their life after new normal, this study aims to describe the conceptualization of Covid-19 newest variation, Omicron XBB, in online mass media. This study is conducted using a qualitative descriptive method that aims to depict how online mass media conceptualize the newest variation of Covid-19, Omicron XBB today. The data were gained from the news headline on online mass media in Indonesia, ranging from October to mid Desember 2022, and were analysed using the framework of the Conceptual Metaphor Theory (CMT). The results show that the Omicron XBB is no longer conceptualized as a war but later it is more depicted as a mobile thing/human.

Most entrepreneurs have witnessed their businesses fail during the Covid-19 pandemic, and young farmers are no exception. This study revealed the challenges encountered by young farmers during the pandemic and their efforts to address them. Production, capital, marketing, and their effects on income have emerged as significant challenges for them. The participants were young farmers who received business capital through the Young Agricultural Entrepreneurial Development Program (Penumbuhan Wirausaha Muda Pertanian or PWMP). The data were gathered by census method, and 71 young farmers completed and returned the questionnaire via electronic forms. Data were analyzed using a quantitative description. The results unveiled that young farmers encountered production, capital, and marketing issues. Young farmers combated production problems by improving creativity, cooperation, and management. Forming partnerships, developing innovative products, and seeking bank loans were all viable options for addressing the capital shortage. Additionally, marketing concerns were addressed through online marketing, building partnerships, and expanding networks. Besides capital, young farmers required opportunities, mentors, and a supportive environment to succeed as entrepreneurs. The government should establish policies supporting the efforts of young farmers during the pandemic. Moreover, young farmers necessitated training and infrastructure assistance in online marketing.

It must be admitted that Micro, Small and Medium Enterprises in Indonesia are very supportive of the economy. MSMEs are the most important pillars in the Indonesian economy. MSMEs are able to absorb a large number of workers. Manpower as a human resource is the most important element that drives the wheels of business. Quality human resources are needed to win business competition. This study aims to analyze the effect of competence and organizational commitment on the employee performance of MSMEs Nurul Aqiqah and Catering Palembang, South Sumatra. The entire population in the study was sampled, namely all 40 employees, the sample was taken by the census method (saturated sample). The research instrument scale uses a Likert scale. The source of data in this study is primary data collected using a questionnaire. To analyze the data used SPSS version 26 application. The analytical technique used is multiple linear regression analysis. The results showed that the variables of competence and organizational commitment simultaneously had a significant effect on employee performance. Partially, the variables of competence and organizational commitment have a significant effect on employee performance. In conclusion, employee competence and organizational commitment are determinants of employee performance and automatically affect company performance.

The modern age has had an impact on commercial sectors, particularly the fashion industry. There are already an increasing number of local brands that are in demand from the general public, particularly ladies. But the local fashion brand's marketing strategy is not wholly responsible for its success. The typical marketing strategy is now less effective due to technology innovation. Thus, a non-traditional strategy using digital marketing tools like web hunt can make it simpler for Indonesian fashion local products to be noticed and purchased by many people in various places. Therefore, the goal of this study is to analyse how guerrilla marketing has an impact on Indonesian consumers' shopping habits and local fashion brands. The quantitative approach combined with a descriptive analysis was the research methodology employed in this study. A survey of 103 respondents who fit the requirements for the data collecting process—product owners and potential customers of a regional fashion brand in Indonesia—was utilized to gather the information. The study's findings show that guerrilla marketing has an impact on Indonesian local fashion brands' consumer behaviour at the same time. However, in part, the emotional arousal factor has the greatest impact on consumers' purchasing decisions. Therefore, it may be said that guerrilla marketing has little effect on consumer behaviour.

Negotiation is a frequent phenomenon in everyday life. Whenever a person needs another person to solve their problems, their intertwining goals and preferences should be adjusted through negotiation. From this recurrent demand of dealing with negotiation, we constantly seek ways to improve it. One of the ways is by learning and assessing strategic behavior in negotiation. Starting from this objective, we systematically reviewed 1,490 articles to build a comprehensive outlook on negotiation behavior research progress. We use five systems of observation level to categorize the articles included in this study that are: (1) intrapersonal system, (2) interpersonal system, (3) group system, (4) organizational system, and (5) virtual system. The result showed us that the research landscape has progressed toward the development of automated negotiating agents besides observing human negotiators exclusively. We also see the emerging interplay between systems of observation level

Purpose: The development of world transportation modes is improving. facilities and infrastructure to be able to facilitate mobilization can now be accessed anywhere. Transportation also plays a role in the development of an area because the function of transportation can also be said to be one of the supports for the economy and regional development in an area. This research wants to find out the interest of Batam residents in Trans Batam due to the increase in fuel as an alternative to the use of daily transportation modes Design/methodology/approach: Data obtained from the results of the Trans Batam user questionnaire survey using the method of expressing preferences and using variables in the form of tariffs, timeliness, service quality, information availability, safety, comfort, cleanliness, availability of facilities, availability of routes, and interest in using Trans Batam. The survey results were then carried out a comparative analysis using a spider web model from questionnaire data that had been shared with 100 respondents. Findings: The survey results were then conducted in a comparative analysis using a spider web model from questionnaire data that had been shared with 100 respondents. The findings are that there are improvements in performance in tariffs, service quality, and availability of facilities. Meanwhile, on timeliness, information availability, and safety, there are no significant performance changes. However, there is a decrease in performance on the comfort, cleanliness, and availability of routes. The conclusion obtained from the results of this study is that there is an increase in interest of Batam residents in Trans Batam due to the increase in fuel prices. Research limitations/implications: Most of the data collection in the implementation of this research was carried out by distributing questionnaire links anonymously, so it is possible that there were respondents who filled them out at random so that the quality of the data was lacking. Practical implications: Tariffs are the main factor for potential consumers in choosing public transportation modes. There are also two other factors contributing to the increasing interest of Batam residents in Trans Batam, that is the quality of service and the availability of facilities. Originality/value: This paper is an original work. Paper type: Research paper

This research provides a deep understanding of the experience and preferences of users of accounting applications such as MYOB, Zahir, and Jurnal. In this study, a class action method was used that involved respondents in dealing with examples of cases of preparing financial statements. For this purpose, respondents will use the accounting computer application Zahir Accounting Enterprise Version 6.0, MYOB version 18, and also access the journal through www.jurnal.id. This research involved 79 MSME actors operating in Malang City, East Java Province, and they were divided into three classes. The implementation of Class Actions takes place over a two-month period, starting from April to May 2023. In data analysis, a descriptive statistical analysis method is used that involves manual calculation of the score of each answer given by respondents. It is concluded that each accounting computer application has advantages and disadvantages in certain aspects. Zahir tends to score well in the categories of "Easy to operate on various devices" and "Additional Presentation of Supporting Information that is easy to understand," indicating ease of use across devices and good presentation of information.

iPhone can now be said to have a distinctive brand image because it uses a distinctive information system. Marketing activities are closely related to the concept of product quality so that what consumers think and feel about a particular brand can make perceived benefits. This study aims to examine the effect of product quality, price, and reference group on the purchase interest of iPhone smartphones among students at Panca Marga University, Probolinggo. In this study using the causal-comparative method. Respondents in this study were students of Panca Marga University, Probolinggo. The questionnaire was distributed to 104 respondents. Sampling was done by purposive sampling technique. Based on the results of research using SPSS. Through the results of this research, it can be concluded that: Simultaneously Product Quality, Price, and Reference Group have a positive and significant effect on Purchase Interest for iPhone smartphones for Panca Marga Probolinggo University Students, Partially Product Quality, Price and Reference Group has a positive and significant effect on Purchase Interest of iPhone smartphones for Panca Marga Probolinggo University Students, and Product Quality has a dominant effect on Purchase Interest of iPhone smartphones for Panca Marga Probolinggo University Students.

Small and Medium Enterprises (SMEs) are business activities that can be carried out by everyone, as long as that person can manage and develop the business. SMEs also have a role in economic independence, which can later lead to national independence. SMEs in running their business are sure to be pursued is related to income and profits. The purpose of this study was to analyze how the direct effect of length of business and level of education on the income of Furniture SMEs in Menganti, Gresik, and the indirect effect of financial behavior as intervening variables. The study used 155 furniture SMEs in Menganti Gresik with financial behavior as an intervening variable. The exogenous variable uses the length of business and education level, and the endogenous variable is SME income. using Structured Equation Model (SEM). Based on the results of the study, it shows that each variable for its direct effect shows that all variables have an effect on endogenous variables, while for indirect it shows that financial behavior is capable of intervening between business length and income, and education level and income.

Fraud Prevention in Village Government through Individual Morality Purpose: The aims to determine impact of village apparatus competence, whistleblowing, internal control, financial reporting observance in preventing fraud with individual morality as moderating variable. Method: Quantitative approach was employed by distributing questionnaires to twenty four villages. Results: The competence of village apparatus cannot influence fraud prevention. Whistleblowing, internal control and financial reporting compliance have effect on fraud reduction. Individual morality does not moderate the competence of village apparatus, whistleblowing and the internal control for fraud prevention. Novelty: Individual morality can moderate compliance with financial reporting. Contribution: To prevent fraud, it is necessary to increase the competence of village apparatus, whistleblowing, internal control and compliance with sustainable financial reporting. Pencegahan Kecurangan di Pemerintah Desa melalui Moralitas Individual Tujuan: Untuk mengetahui pengaruh kompetensi aparatur desa, whistleblowing, pengendalian internal, kepatuhan pelaporan keuangan dalam pencegahan kecurangan dengan moralitas individu sebagai variabel pemoderasi. Metode: Pendekatan kuantitatif dilakukan dengan menyebarkan kuesioner ke dua puluh empat desa. Hasil: Kompetensi aparatur desa tidak dapat mempengaruhi pencegahan kecurangan. Whistleblowing, pengendalian internal dan kepatuhan pelaporan keuangan berpengaruh terhadap pengurangan kecurangan. Moralitas individu tidak memoderasi kompetensi perangkat desa, whistleblowing, dan pengendalian internal untuk pencegahan kecurangan. Kebaruan: Moralitas individu dapat memoderasi kepatuhan terhadap pelaporan keuangan. Kontribusi: Untuk mencegah terjadinya kecurangan, diperlukan peningkatan kompetensi aparatur desa, whistleblowing, internal control dan kepatuhan terhadap pelaporan keuangan secara berkelanjutan.

Currently, 70% of the composition of Indonesia Financial Service Authority (OJK) employees are millennials, therefore OJK has an interest in maintaining the commitment of these millennial employees to maintain OJK performance in the future. The purpose of this research is to develop HR management scenarios to increase the commitment of OJK millennial employees, which is preceded by a study on the effect of the generation gap, organizational culture, employee engagement, and location fit on organizational commitment using the Mann- Whitney test, PLS-SEM, and scenario planning. The results of the Mann-Whitney test show that currently there is a generation gap at OJK, further results from the PLS-SEM show that the generation gap, organizational culture, and employee engagement have a significant effect on organizational commitment, including the mediating effect of employee engagement and the moderating effect of location fit according to organizational commitment show the same result. Based on the test results, an HR management strategy was developed to increase the commitment of OJK millennial employees by using a scenario planning millennial approach in four scenarios: optimal, aggressive, selective, and minimal.

This study aims to identify the co-creation behavior especially students who have experiences of casual dining restaurants. This study also analyses the relationship between co-creation behavior, customer satisfaction, and customer loyalty. The research applied a quantitative method with survey design, and it was conducted for 6 months. It applied the purposive sampling method and the questionnaires were distributed to 1,970 respondents. The collected data were analysed using Structural Equation Modelling (SEM). The results indicate that two types of co-creation behavior of students who have experiences of casual dining restaurants in Bandung, namely customer participant behavior and customer citizenship behavior.

Organizational learning is learning activities in organizational processes through environment interaction which encourage organizations to better integrate knowledge. Through a series of strategies, the development of organizational learning needs to be done to provide a competitive advantage for the organization. This study offers the concept of organizational learning as a mediator of relationship between entrepreneurial orientation and innovation performance in online business in Central Java. In addition, this study also to analyzed the constructs of innovation. The sample of this research is 124 upper/top management or SME owners in Central Java. The quantitative study is used by means of Structural Equation Modelling Analysis. The results of this study indicate that organizational learning is able to bridge the research gap between entrepreneurial orientation and innovation performance. The finding of this study empirically proves that entrepeneurial orientation through organizational learning can maximize the results of innovation performance in online business. This research was carried out limited to the online small medium enterprises in Central Java. Pembelajaran organisasi merupakan kegiatan belajar dalam proses organisasi melalui interaksi dengan lingkungan yang mendorong organisasi untuk mengintegrasikan pengetahuan dengan lebih baik. Melalui serangkaian strategi, pengembangan pembelajaran organisasi perlu dilakukan untuk memberikan keunggulan kompetitif bagi organisasi. Penelitian ini menawarkan konsep pembelajaran organisasi sebagai mediasi hubungan orientasi kewirausahaan terhadap kinerja inovasi pada bisnis online di Jawa Tengah. Selain itu, penelitian ini bertujuan menganalisis konstruk-konstruk yang digunakan untuk membangun inovasi. Sampel penelitian ini berjumlah 124 manajemen atas/puncak atau pemilik UKM di Jawa Tengah. Studi kuantitatif dipilih dengan alat analisis Structural Equational Modelling (SEM). Hasil penelitian ini menunjukkan bahwa pembelajaran organisasi mampu menjembatani gap penelitian antara orientasi kewirausahaan dan kinerja inovasi. Temuan penelitian ini membuktikan secara empiris bahwa orientasi kewirausahaan melalui pembelajaran organisasi dapat memaksimalkan hasil kinerja inovasi pada bisnis online di Jawa Tengah. Riset ini dibatasi pada usaha kecil menengah berbasis online di Jawa Tengah.

In the era of high uncertainties, all businesses, including state-owned enterprises, are trying to be resilient, be able to absorb the negative impacts caused by the changes, adjust, rebound, and then thrive and success after the disruptions. This study aims to examine to what extent risk management and alliance management capabilities promote enterprise resilience among Indonesian state-owned enterprises using dynamic capability theory. Analysis was done using SPSS and Structural Equation Model – Partially Least Squares on 322 valid questionnaires that were received via an online survey from the boards of directors and senior management of state-owned enterprises and their subsidiaries. The study discovered that alliance management capabilities have a significant positive effect on enterprise resilience and risk management practice. Furthermore, the findings show that risk management contributes significantly to the formation of enterprise resilience and act as a mediator between alliance management capabilities and enterprise resilience. Thus, enterprise resilience can be developed by having the ability to form and manage alliances effectively and efficiently, as well as practicing risk management, which allows a firm to anticipate and plan mitigation actions in the face of an uncertain and disruptive situation. Acknowledgment We acknowledge the Ministry of Higher Education Malaysia for HICoE Research Funding, Accounting Research Institute (ARI), Universiti Teknologi MARA, Malaysia, Universitas Indonesia, Indonesia, for all support and resources.

This study aims to examine more deeply how Institutional Images and motivation effected on collaboration intention/Repurchase Intention partnership through customer satisfaction in Universitas Brawijaya. This study uses descriptive explanatory quantitative approach which describes the relationship between variables and a population of 100 partner who repeat their collaboration. The sampling technique used Saturation Sampling which amounts to 100 collaboration partners. The results showed that direct and indirect how institutional images, motivation, and customer satisfaction had a significant influence on repurchase intentions. Eventually in this research found that Institutional images that direct significant influence to Repurchase intention is better than motivation to repurchase intention, and motivation that direct significant influence on customer satisfaction is better than Institutional images to customer satisfaction. Meanwhile in indirect influence is significant effected repurchase intention through customer satisfaction is better with motivation than institution images. This research can be a source of information or reference for policy in Universitas Brawijaya or collaboration partners so that they can continuously maintenance their partnership in mutually benefit if possible.

This research aims to analyze the impact of Debt to Equity Ratio (DER), Exchange Value, and Index ISR in Sharia Stock Return pass of Return on Asset (ROA) in a company administered in the Jakarta Islamic Index 2013-2017 period. This sample choosing with the purposive sampling method with the total sample as 29 from 30 companies. The data used in this study is the secondary data, and data analysis used is the multiple linear regression analysis and path analysis. The research result indicates that experiment T Debt to Equity Ratio (DER) and Index ISR are not influential in Stock Return. Exchange Value and Return on Asset (ROA) significance of Stock Return. Debt to Equity Ratio (DER) and Index ISR influence Return on Asset (ROA). At the same time, Exchange Value is not influential with Return on Asset. Experiment F refers that DER, Exchange Value, and Index ISR influence Return on Asset and Stock Return. However, ROA cannot mediate the relation between DER, Exchange Value, and Index ISR in Stock Return.

This study aims to study online consumer behavior in product repurchase intention, which is characterized by theoretical studies that Viral Marketing, Product Innovation influences purchase decisions and repurchase intentions, while purchase decisions are intermediaries. This type of research is an explanatory research design with a quantitative approach, the number of samples in this study found 200 participant respondents spread across Gresik Regency who bought traditional food products "Bonggolan Sidayu". This study uses SEM analysis using SmartPls software as a tool to analyze the data in this study. The findings show that viral marketing and Product Innovation influence purchasing decisions, but the results are not significant if it refers directly to repurchase intention. In research, the mediating role of buying decisions can have an indirect impact on repurchase intention. The results showed that there was a positive and significant indirect effect of Viral marketing and product innovation on repurchase intentions through mediation of purchasing decisions. The findings in this study offer solutions for business actors to continue to innovate on their products, especially in making product variants, viral products do not necessarily survive in the hearts of consumers, consumers will pay more attention to the benefits of the product than using repeated viral products without any benefits.

The creative economy paradigm emphasizes the importance of ideas and intellectual property as an entrepreneurial prerequisite for being able to survive in fierce global competition. Today, an entrepreneur is required to create products with unique differences in power over competitors to stay alive in the industry. Organizational external and internal resources such as Information Technology (IT) and local culture are strategic asset sources that have an important role in building business performance. This study departs from the gap of research that is still inconclusive about the effect of IT on Organizational Performance (OP). The research direction offers novelty concepts from the perspective of resourcebased entrepreneurship theory. This paper offers the concept of Inimitable-based Innovative Entrepreneurship (IBIE),which in its ontology IBIE is the application of innovation distribution of product attributes sourced from the local nuances of design so that it becomes an iconic product that is difficult to emulate. The direction of this study will examine the concept of IBIE at the organizational level. The sample is 138 creative entrepreneurs who are SME owners who base their needs on design images that are always renewable. Hypothesis testing carried out shows empirically the IBIE variable has been able to act as a full mediation variable to bridge the gap between IT (Beta (β) = 0.747) and OP (β = 3.341). IBIE becomes a concept that fills the space of the influence of IT on OP in the body of knowledge in the entrepreneurship domain.

Introduction: The emergence of digital marketing has brought important changes in several industrial sectors, one of which is the tourism industry. This study aims to determine the role of digital marketing in tourist destinations. Methods: The research method used is descriptive qualitative. Results: The result of this study indicates that there are several digital marketing media used by tourists to get information about tourist objects they want to visit, including Facebook, Twitter, Instagram, and other social media. Digital marketing also has a very big influence on increasing visits to several tourist destinations. Conclusion and suggestion: The use of digital marketing in the era of the digital economy industry plays a very important role in increasing tourism promotion. Digital marketing is a must because this generation often uses it, whether consciously or not. Digital marketing applications that will be used include websites, social media, online advertising, web forums, and mobile applications.

Purpose: The phenomenon of online shops in the 4.0 industrial revolution is increasing, which makes online shopping sellers have to pay attention to variety of selection, price attributes, sensory attributes in order to increase impulse buying customer online of SME’s product. Purpose of this study is to determine the effect of variety of selection, price attributes, sensory attributes on impulse buying SME’s product Design/methodology/approach: This research is an explanatory research design. This type of research is a survey research, the number of respondents in this study was 200. The sample was taken using purposive sampling and using questionnaire method, then processed through SPSS software. The analytical tool in this study uses linear regression Findings: Only Sensory attribute has no significant effect on impulse buying SME’s product Research limitations/implications: This research has limitations, which is only in one city Practical implications: The practical implications of this research are as an enrichment of management knowledge, especially marketing and costumer behavior who buy SME’s products on digital platforms. Originality/value: The originality found in this study is research that focuses on SME’s products sold online in the industrial revolution 4.0 era Paper type: Research paper

This research describe Aquarimba's profit management is when it fails and starts its business from scratch. This research uses qualitative case study approach because this study measures the depth of earnings management carried out by Aquarimba. The validity test will be carried out with a time triangulation test, namely the researcher will compare the data that has been obtained at different times. All of the net profit earned by Aquarimba is used for building and adding assets every month. The purpose of accelerating development carried out by Aquarimba is to achieve its target where in the next three years Aquarimba will create a tissue culture that is expected to facilitate work, increase income and profits and focus on Aquarimba's short term goal of becoming the main supplier of aquatic plants. Abstrak Penelitian ini bertujuan untuk mendeskripsikan pengelolaan laba Aquarimba ketika mengalami kegagalan dan memulai usahanya dari awal. Penelitian ini menggunakan pendekatan kualitatif studi kasus karena untuk ini mengukur kedalaman atas pengelolaan laba yang dilakukan oleh Aquarimba. Uji keabsahan menggunakan triangulasi waktu dengan membandingkan data yang telah diperoleh dari waktu yang tidak sama. Sebagian besar laba yang didapatkan oleh Aquarimba dialokasikan pada pembangunan serta penambahan aset. Dengan tercapainya pembangunan maka secara langsung mendukung Aquarimba dalam mencapai mimpinya yaitu membuat kultur jaringan (kuljar) yang akan memudahkan semua pekerjaan, menaikkan laba dan menjadi supplier utama tanaman aquatic.

Belief systems, which are one of the four levers of control, play a vital role in an organization. This study is primarily aimed at examining the effects of belief systems on managerial performance. Since the four levers of control jointly function in management control systems, we extend our study by investigating whether the contingent-fit between strategic risk, strategic uncertainty, and the other three levers of control (i.e., boundary systems, diagnostic control, and interactive control) strengthens the association between belief systems and managerial performance. A survey questionnaire was distributed to the upper-level management of various companies or strategic business units in Indonesia during the fourth quarter of 2017, resulting in 81 respondents. Hypotheses testing were conducted using the OLS regression model. This research found that belief systems are positively associated with managerial performance, indicating that the implementation of effective belief systems leads to higher managerial performance. This study also found that the contingent-fit between strategic risk, strategic uncertainty, and the other three levers of control does not have any effect on how belief systems are positively associated with managerial performance. This finding indicates that although management does not adopt a fit combination between its level of strategic risk and strategic uncertainty and the boundary systems, diagnostic control, and interactive control, it can still achieve good performance as long as strong belief systems are implemented. These findings confirm the critical role of belief systems in the levers of control. Thus, management needs to ensure the establishment of more effective belief systems if the company or business unit wants to produce optimal performance.

The use of waqf instruments to overcome social and economic problems should also provide opportunities for handling the Covid-19 pandemic that is currently hitting the world. Handling a pandemic requires clear and strategic objectives, as stated in the maqashid sharia concept. This paper aims to analyze the use of waqf in the midst of the Covid-19 pandemic and its suitability with the perspective of maqashid sharia. The method used in this research is a qualitative method with an analysis-descriptive approach from a literature study. The results showed that in Indonesia, the use of waqf to overcome the problem of the Covid-19 pandemic is still not optimal, but waqf has great potential in providing hospitals and other health facilities. In the perspective of maqashid sharia, the utilization of waqf is also in accordance with the description of three concepts of needs according to As-Syatibi, namely dharuriyah, hajiyah, and tahsiniyah.

The use of internet and smartphone has evolved. The rapid growth of innovation in technology allows them to become a high-functioning service provider through many of the applications available to help out humans fulfilling their needs. People demand quick and instant service provision, including health service. Applications based on mHealth technology are made to serve that demand. This research aims to examine the effects of intervening variables such as perceived usefulness, perceived ease of use, trust in application, and satisfaction on consumers’ continuance intention to use mHealth technology. This research employs a quantitative method to assess primary data samples taken from the users of Halodoc health service application in Java. The results of this research show that the trust and perceived usefulness variables do not significantly affect consumers’ continuance usage intention. Only the perceived ease of use and satisfaction variables yield a significant impact on consumers’ continuance usage intention. Hopefully, these results can be a valuable insight for PT Media Dokter Investama to enhance their service to attract more mHealth technology users to use Halodoc.

The main objective of the study was to investigate the effect of corporate governance on tax avoidance of quoted manufacturing firms in Nigeria. The study focused on internal corporate governance mechanisms and specifically examined the effect of board size, board independence, board diligence, CEO duality, and audit committee diligence. The ex post facto research design was adopted. The population comprised of all quoted manufacturing companies on the Nigerian Stock Exchange (NSE). The sample was purposively drawn as all companies in the consumer goods sector of the NSE. The study relied on secondary data obtained from annual reports and accounts of the sampled companies. Both descriptive and inferential statistics were used to analyze the data. The hypotheses were validated using Quantile Regression technique. Results showed that board size, board independence, and board diligence were significant at the median and 75th quantile. CEO duality and audit committee diligence were not significant at the 25th, 50th, and 75th quantile. The study recommended among others moderate board sizes to improve efficiency of decision-making. In addition, the need for more independent directors and meeting frequency should be tailored to suit the needs of the company. Keywords: corporate governance mechanisms, tax avoidance, quantile regression

The business is undergoing many changes including the media used as promotion. The existence of advertisements on television began gradually abandoned and shifted to a new strategy, namely advertising on social media. The rapid growth of social media users in Indonesia has become one of the factors in the change. This study aims to determine the extent of the impact of using influencers as a promotion strategy on social media, especially Instagram. This study uses a qualitative netnographic method by collecting data through observation of social media accounts and in-depth interviews from informants. The results of this study include illustrating that there are positive and negatif impacts from the use of influencer services. Companies must be smart in choosing influencers that are in line with product segmentation, price, and influencer's background because people are now getting smarter at making purchases.

Purchasing decisions greatly affect the success of a business, if purchasing decisions increase, the sales volume will increase, which will have a positive impact on the company to continue to maintain the business. This study aims to determine that purchasing decisions of Wardah Cosmetic Products as a result of Product Innovation and Sales Promotion. This study also to find out how big the influence of product innovation on purchasing decisions, the effect of sales promotion on purchasing decisions, the effect of product innovation and sales promotion on purchasing decisions of wardah cosmetic products. The research method used in this study is descriptive and verification methods using path analysis techniques. The research results stated that the Product Innovation was in a good category, the Sales Promotion was in a good category, and the Purchase Decision was in a good category. The results of the t-test carried out show that the Product Innovation variable affects Purchase Decisions, and the Sales Promotion variable affects Purchase Decisions. The results of the f-test that were carried out showed that Product Innovation and Sales Promotion on Purchase Decisions.

This study aims to find ways to build an anti-fragile supply chain based on the perspective of SMEs in Kediri Regency. This research conducts observations on phenomena intensively and is practice-oriented using case study qualitative methods. The findings of the theme show that the character of MSME actors who master the fields, language, art of communication, can establish closeness with customers through interaction, reduce dependence on suppliers and the willingness to grow in uncertainty and/or disruption are the keys for MSMEs to be able to build and manage anti-corruption supply chains fragile. Abstrak Penelitian ini bertujuan untuk menemukan cara membangun rantai pasok anti rapuh berdasarkan perspektif UMKM yang ada di Kabupaten Kediri. Penelitian ini melakukan pengamatan pada fenomena secara intensif dan berorientasi pada praktik (practice oriented research) menggunakan metode kualitatif studi kasus. Adapun hasil temuan tema menunjukkan bahwa karakter pelaku UMKM yang menguasai bidang, bahasa, seni berkomunikasi, dapat menjalin kedekatan dengan pelanggan melalui interaksi, mengurangi ketergantungan dengan pemasok serta kemauan untuk bertumbakuh dalam ketidakpastian dan/ gangguan menjadi kunci UMKM dapat membangun dan mengelola rantai pasok yang anti rapuh.

Peer-to-peer economy is characterised by asymmetric information, economy risks, and social uncertainty that may be arisen in unpredictable time. In hospitality industries, peer-to-peer accommodation allows people to rent unoccupied room or properties to stranger (i.e with the introduction of AirBnB etc). In studying the customer perception, drama theory provides a powerful framework for understanding role of emotion in an interaction. A dilemma analysis is an essential feature of drama theory approach and is described here. This paper provides further application of drama theory II, and reviews host-guest interaction by analysing dilemmas in pre-booking stage with the case if AirBnB. The conclusion is that drama theory is applicable to recognise dilemmas in host-guest interaction in peer-to-peer accommodation.

The purpose of this study was to analyze the influence of attitudes, halal labeling, and price perceptions on purchasing decisions for Coca Cola beverage products in Semarang City. This research method uses a quantitative approach, a sample of 100 Non-Muslim consumer respondents using purposive sampling technique and uses multiple linear regression analysis tools. The results of research on perceptions of Non-Muslim consumers towards the decision to purchase halal beverage products indicate that customer attitudes, halal lebelisasi, and price perceptions have a positive effect on the decision to purchase Coca Cola beverage products. The description is that if consumers have a good attitude toward halal drinks, products labeled as halal, and perceptions of prices currently set can be accepted by consumers, the decision to purchase Coca Cola beverage products will increase, and vice versa.

Coal companies are industries that require large capital in building their industries, therefore companies must be able to know what external factors and internal factors that can affect financial performance and DSCR. This study uses a quantitative approach with secondary data from 4 coal companies listed on the IDX in 2011-2018. In this study structural and identity, equations are used with the 2SLS method. The results showed that (1) DSCR conditions, companies that had financial flexibility, with DSCR above the minimum requirements namely ADRO, INDY, and PTBA but BYAN did not have (2) the number of coal exports was influenced by the difference in Chinese GDP and the number of export coal sales, the number of domestic coal sales is influenced by differences in Indonesian GDP and the number of domestic coal sales. EBIT which is the company’s profitability performance is affected by gross profit. FCF is the company’s liquidity performance which is influenced by EBITDA and CAPEX. Principal payments are the company’s liquidity performance that is affected by liabilities. DSCR, corporate solvency performance is influenced by the principal payment ratio, (3) the decline in Chinese GDP is anticipated by lowering production costs, general and administrative costs, sales and marketing costs, and CAPEX, have an impact on increasing the financial flexibility of the company and its DSCR. If The amount of DMO is added and the domestic coal price was set by the government or by market price, it impacted on increasing the financial flexibility of the company and its DSCR.

Entrepreneurship training helps to support culture and entrepreneurship by changing mindsets and increasing expertise. Micro, Small and Medium Enterprises (MSMES) training program has a challenge to pay more attention to the personal characteristics of entrepreneur to make it effective. Personal characteristics affect the training process, which is generate training success by obtaining satisfaction of the participants. The study examines personal characteristics; learning motivation, personal targets, and extraversion personality, as aspects that influence relationship between training and entrepreneurship orientation. The study was conducted on entrepreneur that took part in entrepreneurship training program using questionnaires. The results of the questionnaire were analyzed with the SEM PLS model and generate results of the study, thus personal characteristics as moderation have no significant influence or relationship to the strength of the relationship between training and entrepreneurial orientation. Even though same as training, personal characteristics have a direct attachment to entrepreneurial orientation. The results of this study can be a reference for the implementation of the training to stimulates the trainees' personal characteristics to support entrepreneurial orientation.

This study was motivated by one of President Joko Widodo’s projects, which is to build better infrastructure in Indonesia. Tax amnesty is used as a way of receiving undeclared assets expecting that Indonesia revenues will increase. This study focuses on the perception of both tax consultants and taxpayers. The interview was conducted to explore the points of interest as it was being developed. The analysis was done using institutional theory, analysis and discussion on their behavior towards tax amnesty are given based on the result of the research. This research uses interpretivism perspective to examine the meaning created by a human that differentiate human from physical phenomena. The data were collected from secondary data, archival data and complemented with semi-structured interviews. The finding suggests three themes associated with institutionalization of taxpayer compliance, namely rules and regulation, political economy, and social powers. These themes generate pressures on coercive isomorphism, as well as normative isomorphism. The result suggests establishing synergy and a dialectical process between the tax authorities and the taxpayer in conducting coaching, monitoring and fair enforcing of law to support taxpayer compliance.

Many recommendations have been proposed to enhance the reform of public service bureaucracy. However, they were not effective enough since complaints were still directed toward public service practice. This research was conducted to investigate this issue and propose solutions to enhance the effectiveness of public service reform in the field of investment in order to increase regional economic growth. This research resulted in solutions in the form of an ideal reform model based on multi stakeholder (pentahelix) approach. A hierarchical qualitative analysis approach was used in this research. This research also employed the phenomenological method through participatory observation. The focuses of this research included institutional conditions, human resources, bureaucratic procedures and multi-stakeholder involvement. The research was carried out in two stages. In the first stage focused on finding the most appropriate model of public service bureaucratic reform. Whereas, the second stage included the formulation of convincing pentahelix model to enhance the process of investment service reform.

Purpose: The purpose of this research is to analyze the role of personal branding and customer experience at Warung Kopi Asiang Pontianak. Design/methodology/approach: The method used is a quantitative method using questionnaire to 100 respondents with convenience sampling technique. Findings: The results showed that customer experience have a contribution in purchase decision at Warung Kopi Asiang Pontianak. However, personal branding that build based on Asiang as owner no give significant contribution in purchase decision. Research limitations/implications: This research is limited to Warung Kopi Asiang in Pontianak. Practical implications: This research can give a comprehensive perspective about personal branding and customer experience in heritage coffee shop. Originality/value: This paper is original. Paper type: Research paper.

Successor-related factors are among the most discussed topic in family firm succession. The purpose of this study is to explore successor-related factors associated with effective intra-family succession among successors. A total of 10 individuals participated in the study. Using interpretative phenomenological analysis (IPA), four themes emerged from participants’ personal statements and experiences: 1) autonomous motivation to take over family firm; 2) intense relationship between predecessor and successor; 3) personality traits; and 4) shared vision. The findings indicate that autonomous motivation to take over the family firm leads to effective intra-family succession since successor’s passion aligns with family firms’ needs. The intense relationship between predecessor and successor leads to effective intra-family succession in a way an open communication does exist. The smooth transfer of shared vision from predecessor to successor leads to effective intra-family succession. The interesting finding is younger successor differs from elderly successors in perceiving shared vision. Younger successors emphasize on individual motives, while elder successors emphasize on social motives. This work provides deeper insight related to successor-related factors, which leads to effective intra-family succession. In the future, it will be important to explore the potential use of a generational cohort concept in exploring successor-related factor in intra-family succession.

PT Toyota Motor Manufacturing Indonesia needs to possess quality and competent human resources in order to face the stiff competition with the continuous growth of similar companies. Human resources development in a company must be well performed and well planned, and one way to do so is by performing evaluations about employee engagement, empowerment, and organisational commitment so that employees’ performance can be improved continuously, which in turn will improve the employees’ prosperity and the company’s profit. The purpose of this research is to analyse the impact of employee engagement, empowerment, and organisational commitment on the employees of PT. Toyota Motor Manufacturing, Indonesia’s human resources division. The data analysis method utilised in this research is the Structural Equation Model (SEM) with the Partial Least Squares (PLS) method, which uses the SmartPLS software. The result of this research is that empowerment and organisational commitment have a significant and positive impact on employees’ performance. Furthermore, employee engagement and empowerment also have a significant and positive result on organisational commitment. Employee engagement does not have a significant impact on employee performance, but it has a positive impact on employee performance. It shows that employee engagement does not have a direct impact, but it has an indirect impact on employee performance through organisational commitment.

This study aims to examine and analyze the effect of intellectual capital on firm financial performance and market performance. The company studied is the financial sectors High IC Intensive companies listed in Indonesian Stock Exchange (IDX). 52 companies in period of 2014- 2017 are chosen for sample. Independent variable used are the intellectual capital measured using VAIC and MBIC, while the data analysis technique used double linier regression. The results showed that the intellectual capital (VAIC) effect the company's financial performance Return On Assets (ROA), Return On Equity (ROE), Earning Per Share (EPS) and market performance. Meanwhile, intellectual capital (MBIC) affect the company's financial performance Return On Assets (ROA), Earning Per Share (EPS), but it didn't effect the market performance.

The purpose of this research is to analyze the meaning of ratings and formulate efforts to improve the performance and competitiveness of universities in the intellectual capital perspective. The interpretive qualitative research type was used. Data collection was carried out using in-depth interviews, focus group discussions, observations, and documentation. Data analysis was carried out throughout the four-stage research process involving data collection, data reduction, data display, and conclusion. The results of the study state that the meaning of ratings is related to performance, media promotion, and related to reputation or image building. Efforts to improve the performance and competitiveness of universities can be done by optimizing the role of human capital, structural capital, and relational capital both individually and integrated as intellectual capital. Another method that can be used is the comprehensive intellectual capital management or CICM method. Keywords: Ranking, performance, competitiveness, intellectual capital

The purpose of this study is to analyze the understanding responden of Talent Management (TM), concepts, practices and challenges in implementation of TM. Respondents consists of stakeholder (Professional HR, Senior executives, Line Managers) and TM participants. Qualitative approach is adopted in the study with case study at PT Unilever Indonesia Tbk as a multinational company (MNC). Findings in this study indicate that TM implementation will depend on the culture, type of company, and individual of the company. Understanding of the TM concept has different at each level. TM practices at PT Unilever Indonesia Tbk use the inclusive people approach. The TM program is good enough and synergizes with long-term business strategies; however, still has a lot of improvement, and practice of TM more on 70% experience or on the job assignment, 20% coaching and mentoring, and 10% formal development.

The purpose of this study is to describe the phenomenon of halal lifestyles in Indonesia, and to add insight of the Indonesian society about halal lifestyles in order to make it easier for them to choose Islamic lifestyle through halal lifestyle. This research method uses a literature research approach that is sourced from authoritative news and current journals which has high credibility to explain the phenomenon of halal lifestyle in Indonesia accurately. Based on the literature research that has been done it can be concluded that the increase of population and purchasing power of Muslims in the world can strengthen the halal lifestyles trend. The halal lifestyle is seen as a new lifestyle for the Muslim population in the world, especially the Muslim population in Indonesia. Even the concept of halal has been accepted by Muslims and non-Muslims, and gradually begins to become a lifestyle. Because the halal concept was universal which contained elements of benefit for all humans, halal was not only cover the needs of sharia, but is also a sustainability concept through all human activities seen from its lifestyle. The implications of the phenomenon of halal practices in Indonesia today were not only focused on the food sector, but has been spread to other sectors. Like halal tourism in Nusa Tenggara Barat and D.I. Aceh, halal cosmetics are pioneered by Wardah, a Sharia Hospital spearheaded by RSI. Sultan Agung Semarang, halal medicines initiated by herbal companies, halal modes promoted by Muslim hijabers and fashion designers, financial institutions pioneered by Bank Muamalat Indonesia, and so on. The halal lifestyles trend in Indonesia can also be seen from many animos of the media that preach about “halal lifestyles” such as halallifestyle.com, republika.co.id, ekonom.kompas.com, marketeers.com, mysalaam.com, and many seminar events that raised “halal lifestyle” theme.

Trading companies concentrate heavily on profiting from the way the company operates. PT Robotaqua Indonesia is one of the air purifier traders in Indonesia. Since the last two years, business performance has decreased. The purpose of this research is to evaluate the strengths, weaknesses, opportunities, and threats that exist in the business environment of PT Robotaqua Indonesia, to formulate a business strategy that can be carried out by PT Robotaqua Indonesia, to determine recommendation of strategic priorities based on key criteria made by the company. The research was conducted descriptively with the SWOT analysis method and AHP analysis. The results showed 11 alternative strategies based on the condition of the relationship between strengths, weaknesses, opportunities, and threats. As a strategic priority that must be carried out by the company, there are 5 strategies which include increasing the efficiency and effectiveness of inventory management, continuously updating import licensing, increasing sales incentives, developing market segments, and improving after-sales service. Keywords: SWOT Analysis, competitiveness, trading companies, business strategy, AHP