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This study aims to analyze the influence of capital, digitalization skills, and financial management on the performance of culinary MSMEs in Bojonegoro Regency. The method used is quantitative. The research sample consisted of culinary MSMEs in Bojonegoro which were taken using random sampling techniques. Data were collected through a Likert scale-based questionnaire and analyzed using multiple linear regression with SPSS software. The results of the study show that capital, digitalization skills, and financial management have a significant positive effect on MSME performance, both partially and simultaneously. Adequate capital provides opportunities for business development, digitalization skills increase competitiveness through efficiency and market reach, while good financial management supports business stability and sustainability. These findings provide practical implications in the form of the need for training, facilitation of access to capital, and increasing financial literacy for MSME actors. This research also provides a basis for local governments to formulate policies that support the development of MSMEs in the digitalization era.

This study explores the factors influencing firm value in the manufacturing industry in Indonesia, specifically focusing on dividends, investment opportunities, and leverage. The analysis is based on publicly available data from 178 manufacturing companies in Indonesia, spanning the years 2018 to 2023. The primary objective of this research is to identify the key determinants of firm value in Indonesia's manufacturing sector, grounded in capital structure theory, through the development of a theoretical model. The findings indicate that dividend policy, investment decisions, and leverage have a positive impact on firm value within Indonesia's manufacturing industry. This study provides empirical support for both the pecking order theory and agency theory.

This study evaluates the investment feasibility of UD Al-Mustofa, a tobacco business in Kendal, by considering aspects of production, storage capacity, waste management, and market expansion opportunities. UD Al-Mustofa is strategically located, ensuring high mobility, optimal production scale, and an effective waste management system, which includes recycling solid waste into organic fertilizer, processing liquid waste, and mitigating gas emissions by conducting tobacco drying in areas far from residential zones. Although the business has not yet obtained certification for international markets, financial analysis indicates that investment in this venture is viable. The calculations show a payback period of 2.01 years, significantly shorter than the projected 10-year investment lifespan. The Net Present Value (NPV) reaches IDR 489,345,567, indicating positive returns, with a profitability index of 0.854. The Internal Rate of Return (IRR) of 46% significantly exceeds Bank Indonesia’s interest rate of 5.75% in 2024, while the Average Rate of Return (ARR) of 78.8% is higher than the cost of capital. Based on these findings, UD Al-Mustofa has strong potential for further development, both in terms of production and market expansion..

This article aims to analyze Semarang's city diplomacy in solving environmental problems. Cities have an increasingly large role to play in this globalization era due to complex global issues, especially environmental issues. Cities are also having difficulty dealing with globalization due to the speed of population growth, economic pressures, excessive land use, and the increasing use of motor vehicles that release pollutants into the air. To address these issues, cities around the world are doing their best to find cooperative solutions through diplomacy. In addition, many national capitals cannot handle multiple tasks and, therefore, need to delegate some of their burden to other cities. In line with these objectives, this study utilizes an exploratory and descriptive qualitative research method, focusing on Semarang's diplomacy efforts. This study found that the Semarang city government has been perceived as an institution with clear political objectives that is fully committed to the practice of city diplomacy to engage directly, albeit in a limited way, in multilateral and bilateral international cooperation to find solutions to its environmental problems. The city government is no longer seen as an object of implementation of program plans formulated at the central level but also has the opportunity to formulate strategic plans or bottom-up procedures based on the needs of local communities and the suitability of the model with environmentally sustainable urban development.

The purpose of this study was to test and analyze the effect of GRC and Intellectual Capital on firm value through financial performance in banking companies. The population in this study are all banking companies listed on the Indonesia Stock Exchange for the 2021-2023 period. Sampling using purposive sampling method. The data used is secondary data sourced from annual reports and financial reports. The data analysis technique used in this research is the SmartPLS 4 program. The results of this study indicate that GRC has no significant effect on financial performance and firm value, Intellectual capital has no effect on firm value but intellectual capital has a significant and positive effect on financial performance. Furthermore, financial performance has no influence on firm value. GRC mediated by financial performance has no effect on firm value.  Intellectual Capital mediated by financial performance has no effect on firm value.

Active behavior in facing disasters plays a crucial role in reducing the impact and accelerating the recovery process. This study aims to explore the relationship between aqidah (religious beliefs) and togetherness in shaping the collective response of society to disasters. Using a qualitative approach, this study analyzes data from field observations and interviews with various community groups affected by natural disasters in Indonesia. The results of the study indicate that religion can be a social capital, and has the values ​​and norms of monotheism, patience, sincerity, tawakkal and togetherness and shows that strong aqidah can increase the spirit of togetherness and mutual cooperation, which contributes to reducing anxiety and accelerating aid and recovery. This study concludes that collective behavior built on religious values ​​and togetherness can strengthen the social resilience of society in facing disasters.

Disputes in share divestment in Indonesia, such as the case between the Indonesian Government and PT. Newmont Nusa Tenggara, reflect the complexity of law and economy. This dispute was triggered by differences of opinion regarding the payment mechanism for shares sold by PT. Newmont Nusa Tenggara. The government rejects the payment scheme using funds from foreign capital owners such as PT. Bumi Resources Tbk, PT. Newmont Indonesia Limited, and Nusa Tenggara Mining Cooperation, because it is considered not in accordance with national interests. This study uses the Legal Research method with a normative juridical approach as explained by Prof. Peter Mahmud Marzuki. This conflict is caused by the weakness of the Work Contract, the unclear dispute resolution mechanism, and the lack of legal certainty regarding share divestment in Indonesia. The government and PT. Newmont Nusa Tenggara remain adamant with their respective schemes—the government wants national financial resources, while PT. Newmont offers foreign capital loans. This complicates communication and joint solutions. The main issues discussed are the legality of purchasing shares using foreign loans and the need for DPR approval in the divestment of shares in closed business sectors such as coal mining.

Teenagers today are filled with a number of rapid technological changes and developments. From a financial perspective, teenagers at this stage have a growing ability to understand the principles of saving and spending money, not only the basics, but also long-term goals. The three main areas that parents should focus on are income, savings, and responsible spending (shopping or investment). Problems that often occur in society (including teenagers) are such as wasteful living (lifestyle), online loan debt, and being trapped in online gambling. The emergence of several entertainment venues, cafes, and angkringan makes spending difficult for teenagers to control. The methods used in this service are lectures, simulations, discussions and questions and answers regarding the usefulness and benefits of understanding financial literacy. The results of this service show the different nature and patterns of financial management of teenagers requiring presentation patterns that need to be adjusted. In the implementation of the activity, there were participants (some) who were more enthusiastic or serious about this series of training. Presenters (speakers) require the application of andragogy model learning. This model is intended so that the presenter (material provider) and participants are not bored, comfortable in communicating and feedback appears quickly. In the future, training or workshops will be more directed to more technical or specific, for example capital market investment, mutual funds or other investment models.

The term cooperative is certainly familiar to us. If referring to Law No. 17 of 2012 article 1, a cooperative is defined as a legal entity established by an individual or a cooperative legal entity, with the separation of the wealth of its members as capital to run a business, which meets common aspirations and needs. In its implementation, cooperatives not only have goals, principles or principles, but also a foundation. As a unique business entity, cooperatives are different from other business entities. In this case, it can be seen from its membership, where cooperative members are known to have dual identities. Dual identity here means that cooperative members are owners and also users of cooperative services. Indonesian cooperatives are the identity of Indonesian business entities that are established on various foundations. The foundation of this cooperative includes ideal, constitutional, mental and operational foundations.   

This study aims to analyze the influence of Big five personality and Psychological capital on employee performance at XYZ Company, an educational institution. The research employs a descriptive quantitative method with path analysis using AMOS. The sample was randomly selected from all employees of XYZ Company. The results indicate that Big five personality and Psychological capital have a positive and significant impact on employee performance. The dimensions of conscientiousness and optimism contributed the most to performance improvement. This study provides critical implications for human resource management, particularly in designing strategies for personality development and psychological capital enhancement to boost organizational productivity.

This research aims to see how sharia capital market instruments contribute to green infrastructure funding in Indonesia. This research is library research which analyzes the contribution of the sharia capital market, especially through instruments such as green sukuk, to the acceleration of green infrastructure development in Indonesia. From the research results, it is known that the contribution of the sharia capital market to accelerating green infrastructure development lies in its ability to provide sharia-based financing for environmentally friendly projects. Through instruments such as green sukuk, the Islamic capital market supports renewable energy projects, sustainable transportation and natural resource management. By meeting long-term financing needs, the Islamic capital market helps accelerate the realization of green infrastructure that supports sustainability goals, including Sustainable Development Goals (SDGs), and reduces the impact of climate change.

Structural transformation is an important process in the economic development of a country. In Indonesia, the plan to move the National Capital City (IKN) from Jakarta to Nusantara in East Kalimantan is one of the strategic steps in accelerating structural transformationThe methodology used in this study is a qualitative and quantitative approach. The results of the study show that the acceleration of structural transformation through the development of IKN has a significant impact on the formation of a new economic base and increasing Indonesia's competitiveness. The formation of a new economic base in IKN can be seen from the emergence of technology and innovation-based industrial clusters. The impact on national competitiveness can be seen from the increase in productivity and innovation capacityThe analysis of the acceleration of structural transformation through the development of the IKN shows a fundamental change in Indonesia's economic base. The development of IKN as a smart forest city accelerates structural transformation through three main mechanisms. The impact on the formation of a new economic base can be seen from the shift in the economic structure in the IKN area and its surroundings. Structural transformation is also reflected in changes in the composition of the workforce and investment patterns. The impact analysis on Indonesia's competitiveness shows a significant increase in several dimensions

This study investigates the role of profit-based tangible assets and sales growth (ProTAPP) in enhancing the relationship between market ratios and financing decisions in property and real estate companies across Southeast Asia from 2019-2023. Using agency theory, pecking order theory, and trade-off theory, the research examines how EPS, TATO, and CR influence DER, with ProTAPP serving as a mediating variable. The analysis, based on panel data from ASEAN countries including Indonesia, Malaysia, Thailand, and Singapore, aims to provide practical insights for investors, corporate managers, and policymakers in optimizing financing strategies within the property and real estate sector. The study emphasizes the significance of tangible assets and sales growth dynamics in financial decision-making for achieving an optimal capital structure. Findings reveal that ProTAPP significantly mediates the relationship between EPS, TATO, CR, and DER in Southeast Asian property and real estate firms. The impact of these independent variables on DER through ProTAPP varies by country, reflecting specific market dynamics and company strategies. These results offer valuable guidance for developing more effective financing strategies in the sector.

This study aims to analyze the development strategies of business units at Pondok Pesantren Manbaul Ulum Muncar Banyuwangi in realizing the economic independence of the pesantren. This research employs a qualitative approach with a descriptive method, using data collection techniques including in-depth interviews, participatory observation, and documentation. The data were analyzed using thematic analysis techniques, and data validity was strengthened through source and method triangulation. The findings reveal that the management strategies implemented include careful planning, systematic organizing, effective leadership, and directed controlling. The implementation of these strategies has successfully positioned the business units as productive economic centers that not only contribute financially to the sustainability of the pesantren’s operations but also serve as educational platforms for students to gain economic and entrepreneurial skills. Positive impacts can be seen through the increased welfare of students and administrators, as well as strengthened economic capacity within the surrounding community. However, challenges remain in the form of limited human resources, financial capital, and internal bureaucratic structures that require continuous improvement. In conclusion, professional management of business units becomes a key factor in building independent and competitive pesantren in the modern era.

This study examines the relationship between economic development in Medan City and the quality of human resources (HR). Medan, as the third largest city in Indonesia, needs to optimise the quality of human capital to reach its full economic potential. Four previous studies were analysed to understand the influence of human resource quality on urban economic dynamics. The results showed that increased organisational commitment, technology utilisation, and human resource capacity development are positively correlated with improved financial statement quality and economic growth. In addition, sustainable management of natural resources also plays a role in promoting economic growth. This study emphasises the importance of government intervention in improving education standards and HR competencies to create jobs and reduce unemployment. Thus, Medan City's economic development planning should be integrative and sustainable with a focus on improving the quality of human resources and optimising local potential as the main foundation of community welfare.

This research aims to determine the effect of Working Capital on Remaining Business Results . The data for this research is data in the form of financial reports from 2016 - 2021 obtained from the CU Bahtera Sejahtera Savings and Loans Cooperative. The research method used is a quantitative descriptive method. The data collection techniques used were interviews and documentation while the analysis used was the Normality Test, Simple Linear Regression analysis, Hypothesis Testing (t test) and analysis of the coefficient of determination. The tool used is SPSS V.20 For Windows. The statistical results of the t test show that the working capital variable has no effect on the remaining business results variable. Thus, the results of this research reject that Working Capital has an influence on the Remaining Business Results of the CU Bhatera Sejahtera Savings and Loans Cooperative. The working capital owned by the cooperative is quite large, but the amount of working capital is not necessarily able to increase the remaining business results. 1.2%. This shows that the remaining business results can be explained by working capital of 1.2%, while the remaining 98.8% is influenced by other factors not analyzed in this research.

This study attempts to examine the influence of three economic factors, namely capital, wage rate, and output value in the context of labor absorption in the industrial sector operating in Java. The study uses a quantitative approach method by utilizing secondary data sourced from BPS during the period 2018-2023, where panel data regression analysis with the Fixed Effect Model (FEM) approach is applied to test the relationship between variables. The results of the analysis indicate that the capital factor does not have a significant impact on the labor absorption process. Meanwhile, the wage level shows a correlation in the same direction as labor absorption, this influence is not proven to be significant when tested statistically. On the other hand, the output value shows a significant positive influence on labor absorption. These findings reveal how complex the interactions between economic factors are in the Java region, which have important implications for the development of employment policies and inclusive development strategies. A comprehensive approach is needed to support the sustainability of industrial growth and improve the quality of human resources in the future.

This community service program aims to empower Micro, Small, and Medium Enterprises (MSMEs) through business development based on the sharia economy. MSMEs have a strategic role in the economy, but still face various challenges, especially in the application of sharia economic principles that can increase competitiveness and the desire to do business. This program is designed to improve Islamic financial literacy, introduce business contracts in accordance with sharia, and provide halal digital marketing training. The method of implementing the activity includes a participatory approach with various stages, ranging from problem identification, training, mentoring, to success evaluation. The target of the program is MSME actors in certain regions who have great potential to adopt the concept of sharia economics in their businesses. The results of this activity showed an increase in participants' understanding of the concept of sharia economics, followed by changes in business practices that are more in line with Islamic principles. Some participants began to implement sharia contracts in their transactions, access sharia financing, and take advantage of halal branding-based digital marketing. This program also found several obstacles, such as low initial understanding of the sharia economy, limited access to Islamic financial institutions, and resistance to changes in the business system. However, through intensive strategy education and support from various parties, most of these challenges can be overcome. The conclusion of this activity is that business development based on the sharia economy can be a solution for MSMEs in increasing their competitiveness in the wider market. The next program recommendations include strengthening digital-based education, increasing access to sharia capital, and establishing a sharia-based MSME community as a forum for collaboration and sustainable business development.

Stock returns are one of the indicators in investor investment decision making. Factors that influence stock returns are internal (fundamental) factors, namely ROA, DPR and EPS. The purpose of this study was to determine: the effect of Return On Asset (ROA) on Stock Returns, the effect of Dividend Payout Ratio (DPR) on Stock Returns, and the effect of Earnings Per Share (EPS) on Stock Returns in Industrial Sector companies listed on the Indonesia Stock Exchange in 2020-2022. The data analysis method used is multiple linear regression analysis. Findings: Return On Asset (ROA) has a positive and significant effect on Stock Returns, Dividend Payout Ratio (DPR) does not affect Stock Returns, and Earnings Per Share (EPS) does not affect Stock Returns. The implication of this study for investors is that they can use ROA as the main indicator in analyzing potential opportunities to gain profit from capital gains from stock returns before making investment decisions. The implication for management is to focus on strategies to optimize the use of assets to generate greater profits. Meanwhile, the implications for regulators and policy makers are to encourage transparency in financial reports and the preparation of capital market literacy programs.  

The working capital of construction work contractors is very influential in expediting the implementation of construction work and being able to meet work time scheduling targets. To gain profits, contractors must be able to manage existing resources. This research aims to determine working capital needs, profits and effectiveness. This type of research uses descriptive qualitative. Research data sources were obtained from secondary data and primary data. Data collection was obtained from library observations, interviews, observations and document studies. The data analysis used is based on the MC (Montly Certificate), Termin (Termyn Payment) and Final (Turnkey Payment) payment systems with several policy options, namely Source of contractor capital, Down payment, and Bank loan. The results of the analysis obtained are, Working capital requirements based on MC with Contractor Capital Resources IDR 3,000,000,000 and profit IDR 2,245,689,086, Down Payment IDR 2,963,637,000 and profit IDR 2,245,689,086, Bank Loan IDR 5,400,000,000 and profit IDR 2,072,889,086. Working capital requirements based on Terms with Contractor Capital Source IDR 3,000,000,000 and profit IDR 2,245,689,086, Down Payment IDR 2,963,637,000 and profit IDR 2,245,689,086, Bank Loan IDR 2,800,000,000 and profit IDR 2,156,089,086 .  Working capital requirements based on End with Contractor Capital Source IDR 3,000,000,000 + Loan IDR 3,600,000,000 and profit IDR 2,130,489,086, Bank Loan IDR 6,550,000,000 and profit IDR 2,036,089,086.  The highest percentage of capital effectiveness and profits is the Termin payment system with the bank loan option, 77%.