This study aims to extensively research the effects of cognitive biases on individual investment decisions. The population of this research is investors in Indonesia and the sampling technique used is random sampling, obtained 574 respondents from 34 provinces in Indonesia. Quantitative data were collected through structured questionnaires and analyzed using multiple linear regression and moderated-moderation model in the PROCESS Procedure for SPSS Version 4.1 by Hayes. Results indicate that herding bias has a negative influence, discouraging investors from following market trends, while loss aversion, framing, anchoring, and mental accounting positively impact investment decisions; these biases are moderated by demographic factors. The findings imply that demographic factors do not interact jointly but operate independently to impact investment behavior. This research is novel in its exploration of moderated-moderation effects to reveal nuanced interactions between cognitive biases and demographics in shaping investment decisions.

The digitalization of science management has profoundly reshaped how scientific research and development management are organized, directed, and executed. This present paper examines this transformation by conducting an initial systematic literature review. This paper identifies gaps, synthesizes findings, and draws conclusions by analyzing peer-reviewed articles from various sources. By synthesizing the key findings of recent studies, this review underlines five key themes, namely the growing emphasis on data-driven decision-making, the evolving role of leadership, the need for ethical and regulatory considerations, the opportunities for enhanced collaboration and cross-pollination of ideas, and the potential for improved decision-making and organizational agility. These findings underscore the need for science managers to adapt their strategies to harness the opportunities and address the challenges resulting from digitalization.
 

This study aims to analyze the effect of Natural Resource Profit Sharing Funds (DBH SDA) and investment on Gross Regional Domestic Product (GRDP) through regional expenditure in Kutai Timur Regency. The research employs path analysis with a multiple linear regression model using time series data from 2013-2022. The results indicate that DBH SDA has a significant positive effect on regional expenditure but a significant negative effect on GRDP. Conversely, investment has an insignificant negative effect on regional expenditure but a significant positive effect on GRDP. Furthermore, regional expenditure significantly and positively influences GRDP. Additional analysis reveals that the impact of DBH SDA on GRDP is more substantial through regional expenditure, while the direct effect of investment on GRDP is more pronounced. This study highlights the importance of efficient DBH SDA management and the optimization of investments to support regional economic growth.

This research aims to analyze the influence of the marketing mix and service quality This study aims to analyze the influence of the marketing mix and service quality on customer satisfaction and its impact on customer loyalty at PT Delta Primalab Scientific. The marketing mix, which includes product, price, place, and promotion, is considered a crucial element in influencing customer satisfaction. In addition, service quality, which encompasses responsiveness, reliability, and empathy, also plays a significant role in building customer satisfaction and loyalty. This research employs a quantitative method using a survey technique (questionnaire) involving a sample of customers from PT Delta Primalab Scientific. The population of this study consists of 61 customers of PT Delta Primalab Scientific. The sampling technique used is the Slovin method, with a sample size of 53 respondents. Data analysis was conducted using SEM-PLS to determine the direct influence between the variables studied. The research results show that the marketing mix significantly influences customer loyalty (?? = 0.352, t = 3.747, p = 0.000). Service quality significantly affects customer loyalty (?? = 0.319, t = 2.478, p = 0.014). Customer satisfaction significantly impacts customer loyalty (?? = 0.320, t = 2.690, p = 0.007). The marketing mix significantly influences customer satisfaction (?? = 0.453, t = 3.799, p = 0.000), and service quality significantly influences customer satisfaction (?? = 0.445, t = 3.830, p = 0.000).

The purpose of this study is to analyze the concept of CBT in the development of local tourism in the southern Rayon area of ??Pacitan related to the natural environment and socio-cultural economy as a strategy to develop a sustainable tourism framework. This study emphasizes a descriptive qualitative research approach that provides an overview of how the involvement of village communities in tourism development in the southern coastal area. The data collection methods used in this study are observation, in-depth interviews, and documentation. Observations were carried out in several related tourism areas such as tourist areas in the Kalak Village, Sendang Village, Widoro Village, and Sawahan Village areas. Research informants in this study involved several related parties such as business actors in the area around the tourist area, members of the Pokdarwis group, local village officials, and several residents in the related tourist area. The results of this study indicate that community involvement in the context of CBT can be seen in two main thing, namely the environment aspect and the socio-cultural economy aspect. In terms of the environment, CBT is seen in the strengthening of tourism infrastructure such as stalls, souvenir shops, car and motorbike parking, toilets, homestays, road access, fishing area and others. Meanwhile, in the socio-cultural economic aspect, CBT appears in the role of local community institutions such as BUMDes and Pokdarwis which act as a bridge to mediate the role of the community to be involved in the tourism development process in rural areas.

This study investigates the resilience strategies of rice farmers in Manyaran District, Wonogiri Regency, in adapting to agricultural challenges and diversifying into the horticultural sector. The research is grounded in resilience and adaptation in agricultural systems, emphasizing crop diversification as a strategy to sustain farmer livelihoods amidst environmental and economic pressures. In May and June 2024, the study utilized surveys, observations, structured interviews, and a literature review to collect data. 42 rice-farming households across seven villages in Manyaran District were selected through simple random sampling. The sample comprised middle-aged farmers aged 40–50, With an average age of 45 years, as younger populations often migrate to urban areas, leaving agriculture dominated by this demographic. Descriptive data analysis using simple tabulation was employed to illustrate the conditions of the studied area. The findings reveal that farmers in Manyaran District exhibit strong learning capacities, which enhance their resilience. They adapted by transforming rice fields into horticultural areas and experimenting with various horticultural commodities. Technological flexibility, including the use of social media for acquiring and sharing horticultural knowledge, played a crucial role in their adaptation. Information exchange among farmers further contributed to the sustainability of their livelihoods.  This research highlights the importance of crop diversification as a strategy for farmers to adapt to shifting environmental and economic conditions. The results underscore the adaptability and resilience of Manyaran farmers in sustaining agricultural practices despite ongoing challenges, offering insights for broader agricultural adaptation strategies.

The Pesanggrahan Dalem Paku Buwono IX (PB IX) is situated in Langenharjo Village, Sukoharjo Regency, Indonesia. The site was founded in 1870 by PB IX (1830-1893), but it is currently facing environmental degradation, despite its past pristine water and natural hot springs. However, with the new management takeover by GPH Wicaksono, a descendant of the Surakarta Royal Family, there is hope for the conservation of this heritage site. This research explores servant leadership practices within the cultural context of GPH Wicaksono as the manager of heritage site in Langenharjo village. Drawing on Greenleaf's servant leadership principles, it examines how Javanese culture, and the wisdom of the manager can foster collective engagement in environmental preservation. The study aimed to provide valuable insights into leadership's role in promoting sustainability for the heritage site and the local community. The identification of servant leadership implementation in the heritage site was using a qualitative approach. Data collection involves on-site observations and in-depth interviews with relevant stakeholders, including community leaders, members of the community, and cultural enthusiasts. The data is analyzed using phenomenology analysis to identify specific servant leadership behaviors of site manager and their role in fostering environmental preservation and sustainability within the community. The study's findings showed that the manager is dedicated to preserving the heritage site by promoting strong ties with Javanese culture and tradition. He encourages an eco-friendly mindset and collective participation to sustainably protect the environment. He also values effective communication and respects his colleagues, which in turn fosters trust and empowerment among the team. By following principles of Javanese culture, he leads and empowers communities toward environmental sustainability. This study contributes to the importance of incorporating cultural values in leadership practices to foster collective engagement and green awareness for long-term environmental preservation. It serves as an initial study for further research using quantitative analysis to deepen our understanding of servant leadership’s effectiveness in diverse cultural contexts.

The extractive political economy chosen by the New Oder since the beginning of its rule has transformed natural resource-rich areas in Indonesia into areas at the heart of global capitalism. In the past, extractive politics began by opening the tap for foreign capital to exploit forests, converting scrubland into monoculture plantations and exploiting coal deposits. At the same time, colonial demographic politics were revived to open up major extractive areas, transforming scrubland from former HPH concessions into agricultural areas, alongside coal mining exploration. Tenggarong Seberang District, East Kalimantan has experienced social reconfiguration many times, from an area with a subsistence production model to a major coal extractive area in Kutai Kartanegara Regency. This article describes how Manunggal Jaya Village, which was previously managed by the local farming community, became a center for transmigrant settlements that successfully transformed the village into a center for Kutai rice farming during the New Order era; and drastically changed into a center for supporting services for the multinational mining industry after regional autonomy. The research was conducted for 2 months involving 3 researchers, 2 research assistants throughout August-October 2024. Primary data was collected through observation and in-depth interviews with 10 key informants. The results of the study found a social reconfiguration of the position and role of transmigrant farmers in Tenggarong Seberang. Transmigrants came from poor areas in East Java, became the dominant social class throughout the 1980s-90s, changed drastically into the most vulnerable marginal class entering the mid-2000s. Agricultural land conversion to mining sites, reduced government support; pressures from companies, village bureaucrats, and land brokers have placed significant burdens on farmers. They face water scarcity, land degradation, pollution, new pests, and psychological stress; discouraging younger generations from farming and leaving remaining farmers to struggle under these challenges.

The economy in Indonesia is starting to experience an increase in income. It can be seen today that many people choose to become entrepreneurs. PT Bank BTPN Syariah Tbk carries out the "Bestee" internship program with business assistance for underprivileged customers. In this program, BTPN Syariah attracts participants from the Certified Independent Study and Internship (MSIB) program. This research aims to see how influential the role of BTPN Syariah customer business assistance is on increasing customers' income and skills in entrepreneurship. The method used in this research is a descriptive method with a qualitative approach. The business assistance carried out by this facilitator has a good effect on BTPN Syariah customers who run MSMEs where they can improve soft skills and good hard skills regarding entrepreneurship that have never been known before, increase sales income significantly due to the material provided during mentoring and can effectively increase performance of MSMEs run by BTPN Syariah underprivileged customers.

Return is one of the aspects that motivates investors to engage and is also a reward for the investor's courage in bearing the risks of the investment they make. The aim of this research is to determine the effect of Return on Equity, Current Ratio, price earnings ratio, Debt to Equity Ratio and total assets turnover on stock returns in companies included in the LQ-45 index on the Indonesia Stock Exchange in the period 2016-2021. The population in this research are companies on the Indonesian Stock Exchange in the 2016-2021 period. The sampling technique in this research used purposive sampling. Empirical findings prove that NPL ratio factors affect firm value, while other factors namely; Company growth (FG), CAR, Loans (LDR), BOPO, DPK Growth (DG) and profitability partially do not affect the value of the company (Tobin's Q), but affect the value of the company (Tobin's Q) together.