Publication Search

MSMEs are the backbone of the Indonesian economy. To maintain the continuity of their business, MSMEs must have good and correct financial report management. MSME financial reports tend to be simple and ignore financial administration rules. This research aims to create and compile financial reports in accordance with the Financial Accounting Standards for Micro, Small and Medium Entities (SAK EMKM) for the Berkah Laris Frozen Food UMKM in Malang. The method used in this research is a descriptive qualitative method. The data sources used are primary data in the form of interviews and secondary data in the form of documentation. The results of the research are the presentation of an income statement showing operating profit, a change in capital report showing capital at the end of 2024, a financial position report showing the amount of assets owned equal to the total of liabilities and capital, and notes to the financial report which presents a general overview, an overview of important accounting policies, retained earnings and sales revenue for the period 31 December 2024.

This study aims to analyze the effect of liquidity, capital structure, and profitability on firm value in garment and textile companies listed on the Indonesia Stock Exchange (IDX) for the 2021-2024 period. Firm value is an important indicator that reflects the company's performance and prospects in the capital market, so it is influenced by various internal factors, including liquidity, capital structure, and profitability. This study uses a quantitative approach with multiple linear regression analysis methods. The research sample was selected by purposive sampling based on the criteria of companies that had complete financial data during the study period. Secondary data were obtained from annual financial reports published on the IDX. Prior to regression analysis, a classical assumption test was performed to ensure the validity of the model. The study shows that capital structure and profitability have a significant effect on firm value, while liquidity has no significant direct effect. These findings indicate the importance of managing capital structure and increasing profitability to increase firm value in the garment and textile sector. This research is expected to be a reference for company management and investors in making strategic decisions amid the challenges of an increasingly competitive industry.

This study aims to analyze the influence of Return on Assets (ROA), Return on Equity (ROE), Debt to Equity Ratio (DER), and Earnings Per Share (EPS) on the level of underpricing in companies conducting an Initial Public Offering (IPO) on the Indonesia Stock Exchange (IDX) during 2022. Underpricing, a condition where the initial offering price of a stock is lower than its secondary market price, is a critical concern as it can affect the effectiveness of capital raising through IPOs. Using data from non-financial companies that went public in that year, this research identifies financial factors contributing to the level of underpricing and their implications for investors and companies. This study employs a quantitative descriptive research method. The objects of this research are companies that conducted IPOs on the IDX. The population consists of 57 companies, and the sample includes 52 companies that meet the specified criteria. The data analysis is conducted using SPSS software. The results show that ROA has a negative but not significant effect on underpricing, ROE has a negative but not significant effect on underpricing, DER has a negative but not significant effect on underpricing, while EPS has a positive and significant effect on underpricing. Simultaneously, ROA, ROE, DER, and EPS have a significant effect on underpricing.

This study investigates the influence of Provincial Minimum Wage (PMW), Labor Force Participation Rate (LFPR), and Population Growth Rate (PGR) on Employment Opportunities (EO) across 20 most populous provinces in Indonesia from 2017 to 2024. Using a quantitative approach and panel data sourced from the Central Statistics Agency, the analysis applies the Fixed Effect Model selected through Chow and Hausman tests. The Outcomes indicate that PMW has a significant negative effect on EO, implying that wage increases without corresponding productivity growth can reduce job absorption. Conversely, LFPR has a significant positive effect, reflecting that a higher labor force engagement boosts employment. PGR has a negative but statistically insignificant effect. The F-test confirms that all three variables jointly influence EO. These results highlight the need to harmonize wage regulations, human capital development (HDI), and population planning to support inclusive and sustainable employment in regions experiencing high demographic pressures.

Street-level bureaucracy refers to the role of frontline bureaucrats who directly engage with the public in the implementation of public policies, including stunting management. In Sidoarjo Regency, stunting remains a critical public health issue with long-term implications for human capital development, despite the government’s continuous efforts to reduce its prevalence. Actors such as posyandu cadres, health center personnel, and officials from the District Health Office serve as the front line in detecting stunting cases, delivering nutritional counseling, monitoring child growth, and connecting communities with essential health services. However, the effectiveness of these roles is often constrained by limited resources, excessive workloads, lack of adequate training, and insufficient incentives that do not reflect the complexity of their responsibilities. Furthermore, policy implementation is frequently hindered by weak inter-sectoral coordination, low community engagement, and the gap between administrative guidelines and the realities faced in the field. The discretionary power held by these street-level bureaucrats becomes both a strength and a challenge—allowing for flexible adaptation to local needs while raising concerns about accountability and service consistency. Addressing stunting effectively at the local level requires strategic capacity-building for implementers through continuous training, fair compensation, and strengthened collaboration among governmental actors and other stakeholders. These efforts must be integrated, holistic, and sustainable in order to truly tackle the root causes of stunting and generate meaningful improvements in public health outcomes.

Sitiung is a nagari in West Sumatra. It is located in Sitiung District, Dharmasraya Regency, West Sumatra Province. This Nagari has an area of about 32.27 km2 and is about 18 km from Punjung Island, the capital of the regency. It is also the administrative center of Sitiung Sub-district. Mapping was conducted in the area to determine the administrative boundaries between jorong and the topography of the nagari. A map is simply defined as a representation of an area in which symbols indicate information about the area. Due to the fact that maps indirectly serve as a communication tool between the creator and the person reading it, the captions relating to the contents of the map are very important. The more detailed and complete the information contained in the map, the better and higher quality it is. In addition, it is easier for readers and users to use it. Data collection in the field can be done in various ways. Administrative and Topographic maps will be produced from the measurements taken.

The purpose of this study was to determine and explain the role of salted egg businesses in helping to improve the economy of the community in Kandangan District. Micro and small businesses such as salted egg production have great potential in contributing to household income and local labor absorption. This study uses a case study method with a qualitative approach. Data were collected through field observations, in-depth interviews with salted egg business actors, and documentation of business activities. The results of the study show that salted egg businesses in Kandangan District are not only the main source of income for some people, but also create jobs, encourage economic independence, and increase the purchasing power of local people. In addition, business actors also show creativity in packaging and marketing products, both conventionally and digitally. This study concludes that salted egg businesses can be one of the driving forces of a sustainable local economy if supported by adequate training, market access, and capital.

Economic distribution is one of the important topics in Islamic economics because it is related to the equality and welfare of the community. This article discusses distribution instruments from the point of view of capitalist and Islamic economics. Capitalism popularized by Adam Smith emphasized individual freedom in asset ownership, but it often led to inequality and poverty. In contrast, Islamic economics emphasizes justice and the equitable distribution of wealth according to religious principles. This study uses a qualitative descriptive method with a literature review. This research reaches the conclusion that an Islamic economic system should be established, which emphasizes the value of justice in property as well as human freedoms and actions in accordance with religious teachings.

Interpretation of debt-to-equity swap provisions for goods purchase transactions as stipulated in the Financial Services Authority Regulation (POJK) Number 14/POJK.04/2019 concerning Affiliated Transactions and Conflicts of Interest in Certain Transactions. The principle of openness and fairness in transactions between affiliated parties, including in the context of debt-to-equity swaps. However, this provision does not explicitly regulate the conversion of debt arising from goods purchase transactions, thus creating room for legal interpretation regarding whether business debt from operational activities can be converted into equity participation through the issuance of new shares. This study aims to analyze the implementation of debt-to-equity conversion as a financial restructuring strategy, with a focus on legal certainty and protection of public shareholders based on POJK 14/2019. The study uses a normative legal approach with the method of statutory regulations and case studies on PT SLJ Global Tbk. The results of the study indicate that PT SLJ Global Tbk has complied with the formal procedures of POJK 14/2019, including information disclosure, GMS approval, and unaffiliated creditor criteria. However, the conversion of business debt creates legal ambiguity due to the lack of clarity as to whether the debt meets the definition of “loan” in POJK 14/2019. In addition, the dilution of public shares by 34.32% without adequate protection mechanisms indicates a lack of legal certainty. The study recommends normative interpretation and strengthening of regulations to ensure fairness and legal certainty in the practice of debt conversion. Keywords: ; ; ; ; 

Study This analyze the role of Waqf Bank Micro (BWM) in increase performance of MSMEs in Surabaya, with capitalization as variable mediation . Focus main covers access financing , human resource development, and literacy finance, using approach quantitative through survey against 90 MSME actors fostered by BWM Al- Fithrah Wava Mandiri . Analysis using SEM with SmartPLS 4.0 shows that third variable influential significant to performance of MSMEs, both in a way direct and through capitalization . Capitalization become the most dominant mediator ( coefficient 0.581; p-value 0.000). Findings This confirm role BWM doubles as institution financing and empowerment . In theoretical , results This support theory Resource-Based View (RBV) and its importance financing accompanied by strengthening capacity business in a way holistic.

Reciprocal tariff changes imposed by the United States on its trading partner countries including Indonesia, create changes in export and import tariffs in Indonesia which result in a significant impact on the Indonesian economy, which has an impact on export and import sectors such as oil and gas, then non-oil and gas which includes processing industries, agriculture, forestry, fisheries, mining as well as consumer goods, raw / auxiliary materials, and capital goods. This research aims to analyze the impact of exports and imports in the country of Indonesia due to the reciprocal tax rate policy implemented by the United States. This research uses a qualitative approach with the type of content analysis, which involves collecting data from news articles, research reports, and relevant academic publications. The results showed that the imposition of reciprocal tariffs imposed by the United States against Indonesia caused an increase in imports from 2017 to 2020 by 1.38% in the consumer goods sector. On the other hand, the export side decreased in the oil and gas sector from 2017 to 2020 by 2.37% which resulted in disruption of economic stability in the global supply chain that created inflation, and increased imports in Indonesia resulted in competing local product prices with imported products so that many Indonesian manufacturing companies reduced production and terminated employment. From this research, it is expected that Indonesia will be able to maximize the opportunities that exist from the changes and challenges of global trade.

The participation of Muslim families in Indonesia’s capital market remains relatively low despite increasing access to financial instruments. This low level of stock ownership highlights the need to analyze the influencing factors. This study aims to examine the effect of socio-economic factors and religiosity on stock ownership decisions among Muslim families in Indonesia. The data used are panel data from the Indonesian Family Life Survey (IFLS) for the years 2007 and 2014, consisting of 32,074 observations from 16,037 household heads. The independent variables include gender, age, household size, income, education level, marital status, social expenditures, area of residence, employment status, and religiosity. The analysis was conducted using probit regression, supported by likelihood ratio tests, goodness-of-fit measures, and marginal effects analysis. The results show that most socio-economic and religiosity variables significantly influence stock ownership decisions. These findings indicate that the investment behavior of Muslim families is shaped by a combination of structural characteristics and religious values. The implications of this study may serve as a foundation for developing contextual and inclusive financial literacy policies.  

This study aims to analyze the use of italics and capital letters in the novel Hati Suhita by Khilma Anis based on the General Guidelines for Indonesian Spelling (PUEBI). This study uses a qualitative descriptive approach with text analysis techniques on quotations in the novel that contain italics and capital letters. The results of the study indicate that there are various forms of inconsistencies in the use of italics, especially in words in regional languages ​​(Javanese), foreign terms, and non-standard words that are not italicized as they should be. Meanwhile, errors in the use of capital letters were found in the form of inappropriate capitalization of common nouns, greetings, and after punctuation that does not start a new sentence. Of the total data analyzed, more than half of the quotations showed deviations from applicable spelling rules. These errors have an impact on the clarity of meaning, stylistic nuances, and readers' perceptions of the narrative structure. This study emphasizes the importance of spelling accuracy in literary works, not only as a technical aspect, but also as part of the rhetorical and aesthetic power of the text. These findings are expected to be a reference in editing literary works and teaching Indonesian based on spelling.

This study aims to analyze the use of italics and capital letters in the novel Hati Suhita by Khilma Anis based on the General Guidelines for Indonesian Spelling (PUEBI). This study uses a qualitative descriptive approach with text analysis techniques on quotations in the novel that contain italics and capital letters. The results of the study indicate that there are various forms of inconsistencies in the use of italics, especially in words in regional languages ​​(Javanese), foreign terms, and non-standard words that are not italicized as they should be. Meanwhile, errors in the use of capital letters were found in the form of inappropriate capitalization of common nouns, greetings, and after punctuation that does not start a new sentence. Of the total data analyzed, more than half of the quotations showed deviations from applicable spelling rules. These errors have an impact on the clarity of meaning, stylistic nuances, and readers' perceptions of the narrative structure. This study emphasizes the importance of spelling accuracy in literary works, not only as a technical aspect, but also as part of the rhetorical and aesthetic power of the text. These findings are expected to be a reference in editing literary works and teaching Indonesian based on spelling.

Entrepreneurship try to reach welfare economy of citizen constitute a responsibility of church's institution in creating a better life. Covid 19 Pandemic has given impact in economic bussiness where the strategy used by UMKM actors in agrobussiness to increase and mantain their income. The success of UMKM can bring Economic Improvement. Reseach method is qualitative descriptive with research instruments such as indepth interview, observation, and documentation. the result of shows (a) a couple of obstacles such as nature obstacle, human obstacle, and economic obstacle (capital). the word of the Lord regarding entrepreneurship i.e about trust to the blessing source, about running the daily bussiness, about sugestion to do online selling, etc. marketing be utilized such as wrapping, online opportunity, announcement utilization, online shop shopee, application whatsapp, (d) process open new branch (e) selling in facebook application (f) joining bazar (g) inspiration from the shepherd with online selling such as facebook, Tiktok, Go Food, Shopee, and grab (h) door to door selling (i) about customer. Solution and testimony divided into: spiritual solution and bodily solution. Testimony: The Lord bless with house and blessing for the children of the Lord; blessing buying rice with uncoincidently found in the street. The Lord bless therefore still able to harvest, be multiplied in harvest's result and the Lord send the buyers.

The phenomenon of online ojek as part of the platform-based economy has grown rapidly, especially in Indonesia. This job is in high demand by youth as an alternative job that offers flexibility. However, behind the benefits offered, this profession also carries economic, social, and political risks. This article aims to examine the identity formation of youth working as online ojek drivers in the context of political-economic risks that arise in digital platforms, using Ulrich Beck's Risk Society Theory. In the risk society, uncertainty and dependence on systems controlled by digital platforms are the main factors that shape the social identity of the drivers. This research finds that the identity of online ojek youth is formed through interactions with digital platforms that prioritize efficiency and profitability, as well as with the risks they face every day in working under systemic uncertainty.

Economic globalization is a process that significantly impacts the structure and values within Islamic political economy. Market integration, trade liberalization, and cross-border capital flows have created an increasingly competitive and capitalistic global economic order. On one hand, globalization provides opportunities for developing countries, including Indonesia, to access new technologies, expand export markets, and increase foreign investment. However, on the other hand, globalization also poses serious challenges for Islamic political economy, particularly due to the dominance of capitalist principles that contradict the fundamental values of Islamic economics, such as justice ('adl), balance (tawazun), and the prohibition of riba and gharar. Additionally, internal challenges such as low community literacy, a lack of innovation in Sharia-compliant financial products, and insufficient policy support further hinder the development of the Islamic economy. This research employs a descriptive qualitative method based on literature studies to analyze the impact of globalization on Islamic political economy. The findings indicate that adaptive strategies, innovation enhancement, regulatory strengthening, and the improvement of literacy and research are necessary for Islamic political economy to play a strategic role in addressing the challenges of globalization. Thus, it is hoped that Islamic political economy can contribute to the realization of a more just and sustainable global economic order.

This research aims to examine the Islamic economic perspective on home-based businesses in improving the welfare of the people on Miang Island, as well as tracing their development and supporting and inhibiting factors. The method used is field research with a qualitative approach and descriptive techniques, with data obtained through observation, interviews, and documentation from primary and secondary sources. The results show that home-based businesses make a real contribution to improving the community's economy by utilizing local potential and applying Islamic values such as honesty, trustworthiness, and fairness in their management. This business is growing rapidly and has become the main alternative to increase family income, while encouraging local economic empowerment. Family support in running the business provides efficiency and strengthens the sense of community, and is supported by community loyalty as regular customers. However, challenges faced include limited capital to expand the business, instability in raw material prices, and competition from larger businesses. These constraints often prevent businesses from increasing their production capacity and reaching a wider market.

Penelitian ini bertujuan untuk menganalisis analisa jaminan kesehatan dan keselamatan kerja (K3) yang diterapkan oleh Divisi Human Capital di salah satu perusahaan listrik di Indonesia, khususnya dalam memberikan perlindungan dan layanan kesehatan bagi pegawai dan pensiunan. Dalam penelitian ini digunakan pendekatan kualitatif dengan teknik pengumpulan data melalui wawancara kepada 1 pegawai divisi Human Capital, 2 pegawai dari divisi lain yang memiliki pengalaman mengklaim asuransi, serta 2 pensiunan yang masih memanfaatkan layanan tersebut. Selain itu, dilakukan analisis terhadap dokumen resmi perusahaan terkait fasilitas dan jenis pelayanan kesehatan yang ditanggung. Hasil penelitian menunjukkan bahwa sistem jaminan kesehatan dan K3 di perusahaan ini telah berjalan cukup efektif melalui kemitraan dengan rumah sakit mitra dan prosedur klaim yang relatif mudah, khususnya di lingkungan rumah sakit yang sudah terintegrasi. Namun demikian, masih terdapat kendala seperti kurangnya pemahaman pegawai terhadap prosedur klaim, keterbatasan rumah sakit mitra di beberapa wilayah, serta tantangan adaptasi digital bagi pensiunan. Oleh karena itu, dibutuhkan peningkatan sosialisasi, digitalisasi layanan, serta evaluasi rutin terhadap mitra rumah sakit untuk menjamin pemerataan akses dan peningkatan kualitas layanan kesehatan bagi seluruh insan di perusahaan.

Good Corporate Governance (GCG) is the main pillar in maintaining investor trust and capital market stability. In the midst of dynamic capital market developments, the principle of transparency and accountability is a key element in building public trust and ensuring investor protection. Law No. 40 of 2007 concerning Limited Liability Companies (UUPT) as the main legal framework for regulating corporate entities in Indonesia, has a strategic position in regulating the implementation of Good Corporate Governance (GGC) principles, especially in the capital market supported by public companies. This study aims to examine the legal implementation of transparency and accountability obligations in Good Corporate Governance (GCG) as regulated in the UUPT and linked to the obligations of public companies in the capital market. This study applies a normative legal approach with a descriptive analysis method to statutory regulations, legal literature, and literature studies from five journals and five relevant law books. The results of this study indicate that the UUPT has emphasized the responsibility of corporate organs in implementing the principles of openness and accountability. Therefore, stricter supervision and strict enforcement of sanctions are needed so that the principles of Good Corporate Governance are truly implemented in real terms.