Prosperia: Journal of Economic Development, Accounting, and Global Markets
Prosperia: Journal of Economic Development, Accounting, and Global Markets is a peer-reviewed academic journal dedicated to publishing high-quality scholarly works in the fields of economics, accounting, finance, and global market studies. The journal provides an international platform for researchers, academics, professionals, and policymakers to disseminate original research articles, theoretical analyses, empirical findings, and critical reviews that address contemporary issues in economic development and international business dynamics.
The Effect of Service Quality and Digital Marketing on Purchase Decisions at PT. Pegadaian, Mengwi Branch Badung Regency
Purchasing decisions represent an important behavioral outcome for financial service institutions offering gold investment and pawn-related products in increasingly competitive markets. This study aims to examine the effects of service quality and digital marketing on purchasing decisions at PT. Pegadaian Mengwi Branch, Badung Regency. An empirical quantitative approach with a causal research design was employed, involving 100 consumers who had purchased gold products at the branch and were selected through purposive sampling. Primary data were collected using a structured questionnaire measured on a five-point Likert scale, while multiple linear regression was applied to assess the partial and simultaneous effects of the independent variables. The analytical procedure was preceded by validity, reliability, normality, multicollinearity, and heteroscedasticity tests to establish the adequacy of the measurement instruments and regression model. The findings indicate that digital marketing has a positive and significant effect on purchasing decisions, with a regression coefficient of 0.391, t-statistic of 4.296, and significance value of 0.000. Service quality also has a positive and significant effect, with a coefficient of 0.407, t-statistic of 4.363, and significance value of 0.000, while the simultaneous test produces an F-statistic of 69.502 with a significance value of 0.000. The coefficient of determination of 0.589 indicates that digital marketing and service quality jointly explain 58.9% of the variation in purchasing decisions. These findings highlight the importance of integrating informative digital marketing, interactive financial communication, and consistent customer-oriented service to strengthen consumer purchasing decisions at PT. Pegadaian Mengwi Branch.
Digital Marketing, Gold Investment, Purchasing Decisions, Service Quality, PT. Pegadaian.
Copyright (c) 2026 Prosperia: Journal of Economic Development, Accounting, and Global Markets
The Influence of Digital Marketing and Promotional Content on Purchasing Decisions PT. Tanjungwangi Makmur Sentosa
This study investigates the effects of digital marketing and promotional content on consumer purchasing decisions at PT. Tanjungwangi Makmur Sentosa through Vinyard.com. A quantitative causal design was employed using data collected from 100 consumers selected through purposive sampling. The research variables comprised digital marketing, promotional content, and purchasing decisions, measured using a five-point Likert scale and analyzed through multiple linear regression with SPSS version 25. The findings show that digital marketing has a positive and significant effect on purchasing decisions, with a regression coefficient of 0.391, t = 4.296, and p = 0.000. Promotional content also has a positive and significant effect, with a coefficient of 0.407, t = 4.363, and p = 0.000. Simultaneously, both variables significantly influence purchasing decisions, as indicated by F = 69.502 and p = 0.000. The model explains 58.9% of the variance in purchasing decisions, while 41.1% is attributable to other factors. These results confirm the strategic importance of integrating effective digital marketing with informative, attractive, and relevant promotional content to strengthen consumer purchasing decisions within an increasingly competitive and digitally mediated retail environment.
Digital Marketing, Promotional Content, Purchasing Decisions, Consumer Behavior, Digital Retailing
The Effect of Task Complexity, Professional Skepticism, and Auditor Experience on Audit Judgment
This study examines the effects of task complexity, professional skepticism, and auditor experience on audit judgment quality among auditors working in Public Accounting Firms in Jakarta. Audit failure incidents involving PT Garuda Indonesia, PT Asuransi Jiwasraya, and PT Indofarma Tbk. have highlighted the importance of strengthening professional judgment in the audit process. A quantitative causal-associative research design grounded in Attribution Theory was employed to investigate the proposed relationships. The study involved 94 auditors from eight Public Accounting Firms in Jakarta who were selected using purposive sampling. Primary data were collected through structured questionnaires using a five-point Likert scale and analyzed using Partial Least Squares-Structural Equation Modeling with SmartPLS 4. The results demonstrate that task complexity has a significant negative effect on audit judgment, indicating that greater task demands can constrain the quality of professional decision-making. Professional skepticism has a significant positive effect and represents the strongest determinant among the variables examined, while auditor experience also has a significant positive effect on audit judgment. Collectively, the three independent variables explain 40.5% of the variance in audit judgment. These findings indicate that auditor judgment quality depends on both the conditions of audit assignments and the professional attributes developed by individual auditors. The study contributes empirical evidence that strengthening professional skepticism is particularly important for improving auditors' judgment quality alongside effective management of task complexity and continuous development of professional experience.
Attribution Theory, Audit Judgment, Auditor Experience, Professional Skepticism, Task Complexity.
The Effects of Tax Management, Deferred Tax Liabilities, and Profitability on Earnings Management Among IDX-Listed Companies in the Consumer Goods Sector for the 2020–2024 Period
This study examines the effects of tax management, deferred tax liabilities, and profitability on earnings management among consumer goods companies listed on the Indonesia Stock Exchange (IDX) during 2020–2024. A quantitative explanatory approach was employed using secondary data obtained from annual reports published on the IDX and corporate websites. From a population of 37 firms, purposive sampling generated 22 companies, resulting in 110 firm-year observations. Earnings management was measured using discretionary accruals based on the Modified Jones Model, while tax management, deferred tax liabilities, and profitability were proxied by the Effective Tax Rate (ETR), the natural logarithm of deferred tax expense to total assets, and Net Profit Margin (NPM), respectively. Panel data regression analysis identified the Fixed Effect Model with White diagonal standard errors as the most appropriate estimator. The findings indicate that tax management has no significant effect on earnings management, deferred tax liabilities have a significant positive effect, and profitability has a significant negative effect. Simultaneously, the three independent variables significantly influence earnings management. The model explains 13.60% of the variation in earnings management, suggesting that additional firm-specific and governance-related factors also contribute to managerial reporting behavior. The findings highlight deferred tax liabilities as the most informative indicator for detecting earnings management practices among Indonesian consumer goods companies.
Consumer Goods Sector, Deferred Tax Liabilities, Earnings Management, Profitability, Tax Management.
The Effect of Talent Management and Workload on Employee Performance: Perceived Organizational Support as a Moderating Variable
This study investigates the causal relationships linking talent management and workload to employee performance under the moderating influence of perceived organizational support within a creative agency setting. Employing an explanatory quantitative design, primary data were gathered from all seventy five permanent personnel of PT Inspirasi Solusi Kreatif using total population sampling and analyzed via partial least squares structural equation modeling. The empirical findings reveal that talent management exerts a positive and statistically significant effect on employee performance, whereas workload demonstrates a significant negative influence. Moreover, perceived organizational support significantly strengthens the positive relationship between talent development and performance while simultaneously buffering the detrimental consequences of high job demands. These outcomes indicate that enterprises must integrate systematic competence building with balanced task distribution and active institutional backing to optimize workforce productivity and prevent professional burnout
Talent Management, Workload, Perceived Organizational Support, Employee Performance, Structural Equation Modeling
Phenomenology-Based Accounting for Cultural Heritage Assets: Interpreting the Economic and Cultural Value of the Tokko Garment
This study explores the lived experiences of cultural actors regarding the Tokko garment in Bone Regency, South Sulawesi, employing a qualitative phenomenological approach to examine its multi-dimensional value and reporting practices. Traditional figures, garment artisans, and community members reveal that the garment encapsulates deep historical lineage, philosophical chromatic symbolism, social solidarity, spiritual sanctity, and economic utility. Findings indicate that conventional monetary valuation fails to capture these intangible heritage attributes, creating significant reporting anomalies within institutional accounting systems. To resolve this limitation, the research proposes a comprehensive recognition and disclosure framework that accommodates non-monetary values through detailed narrative disclosures of provenance, symbolic meanings, physical conditions, and preservation efforts. Ultimately, this integration of phenomenology and cultural accounting bridges financial governance with indigenous heritage preservation, providing a robust model for reporting culturally significant assets.
Phenomenology, Cultural Assets, Accounting, Garment, Heritage
The Impact of Digital Competence and Learning Agility on the Work Adaptability of Employees at PT GoTo Gojek Tokopedia TBK in South Jakarta
Digital transformation drives rapid structural and operational realignments within technology ecosystems, requiring personnel to possess robust technological proficiencies alongside dynamic adaptive capabilities. This empirical study evaluates the structural impact of digital competence and learning agility on employee work adaptability at PT GoTo Gojek Tokopedia Tbk in South Jakarta. Utilizing a quantitative causal associative design, primary data were gathered from one hundred active employees selected through purposive sampling criteria, with sample sizing determined via the Lemeshow formulation for unknown populations. Multiple linear regression modeling executes through ordinary least squares estimation, confirming that digital competence and learning agility exert positive and statistically significant partial effects on work adaptability. Simultaneously, both independent variables demonstrate a substantial joint influence, accounting for sixty seven point five percent of the overall variance in employee adaptability, while unobserved residual factors represent thirty two point five percent. These findings highlight the critical synergy between functional technological mastery and psychological learning flexibility, demonstrating that integrating digital skill sets with adaptive mindsets forms a vital operational foundation for sustaining workforce resilience, operational performance, and organizational agility amidst continuous market disruptions.
Digital Competence, Learning Agility, Work Adaptability, Digital Transformation, Technology Startup
The Sirawu Sulo Tradition From A Cultural Accounting Perspective In The Village Of Pongka
This qualitative case study examines the cultural accounting dimensions of the Sirawu Sulo tradition within its natural setting in Pongka Village, South Sulawesi. Grounded in direct field observations, semi structured interviews, and thematic analysis, the study explores how sacred intangible heritage operates beyond conventional market logic. The findings demonstrate that Sirawu Sulo embodies intrinsic qualitative values, including historical continuity, social cohesion, community identity, spiritual devotion, and preservation awareness, which cannot be captured through standard balance sheet asset recognition models. Forced financial capitalization risks distorting the sacred nature of communal traditions, whereas public sector accounting requires flexible nonmonetary disclosure mechanisms. By integrating narrative reporting, participatory community logging, and digital archiving into municipal accounting reports, public authorities can satisfy statutory accountability mandates while safeguarding indigenous autonomy. Ultimately, this research offers an integrative cultural accounting framework that bridges technical public financial management and intangible heritage conservation, advancing contemporary discourse on nonmarket social accountability and community based asset stewardship in rural agrarian societies.
Cultural Accounting, Intangible Heritage, Sirawu Sulo, Social Accountability, Public Reporting
Evaluation of Teacher Competencies, Teaching Methods, and School Facilities in Support of Maintaining Student Achievement in Grade VIII at Kartika V-1 Junior High School in Balikpapan
This investigation evaluates the structural interrelationships among teacher competencies, instructional methodologies, school facilities, and student academic achievement within a secondary educational institution. Utilizing a quantitative associative methodology and a census sampling technique, primary and secondary data were gathered from one hundred three eighth-grade students at SMP Kartika V-1 Balikpapan during the academic year. Empirical measurements and multivariate regression analyses were executed via statistical software to test direct and combined institutional effects on academic performance. The analytical outcomes reveal that teacher competence, teaching methods, and school facilities exert no statistically significant isolated impact on student grade maintenance. Furthermore, simultaneous estimations indicate that these independent constructs lack joint predictive power, suggesting that student achievement is primarily sustained by alternative multidimensional factors outside the immediate regression model. These findings highlight that baseline educational inputs operate as necessary institutional stabilizers rather than sole drivers of academic variance. Consequently, educational management strategies must embrace holistic operational alignments incorporating administrative leadership, curriculum flexibility, and student support systems to foster sustained academic excellence.
Teacher Competence, Teaching Methods, School Facilities, Academic Achievement, Educational Management
The Effect of People and Processes on Customer Satisfaction at PT Sinar Rejeki Lembang
This study evaluates the empirical impact of people ($X_1$) and processes ($X_2$) on customer satisfaction ($Y$) within the retail automotive sector at PT Sinar Rejeki Lembang. Utilizing a quantitative design with Slovin’s sampling method ($n = 100$), primary survey data were analyzed through Ordinary Least Squares multiple linear regression alongside descriptive operational tracking. The econometric results indicate that both frontline personnel professionalism and procedural efficiency exert statistically significant positive effects on overall consumer evaluations, with personnel performance serving as the dominant driver. Operational tracking demonstrates sustained unit sales growth across early 2026, yet highlights notable friction points in administrative processing speed and complaint resolution. Descriptive indicator indices reveal that while frontline technical work quality achieved high consumer ratings, process issue responsiveness exhibited critical operational delays. This operational paradox underscores that rapid commercial expansion must be balanced with streamlined backend workflows and proactive frontline communication. To sustain consumer loyalty, automotive dealerships must integrate human resource development with administrative process digitization, ensuring consistent service execution across all post-encounter touchpoints.
Customer Satisfaction, Frontline Personnel, Operational Processes, Retail Automotive, Service Quality.
The Effect of Digital Competence on Employee Performance: The Mediating Roles of Self-Efficacy and Job Satisfaction (A Case Study of the Tangerang City Regional Revenue Agency)
This study examines the influence of digital competence on employee performance through the mediating roles of self-efficacy and job satisfaction at the Tangerang City Regional Revenue Agency. Employing a quantitative research design with a saturated sampling technique involving eighty one employees, the data were analyzed using partial least squares structural equation modeling. The empirical results demonstrate that digital competence exerts a positive and significant direct effect on employee performance, self-efficacy, and job satisfaction. Furthermore, both self-efficacy and job satisfaction act as significant partial mediators in the relationship between digital competence and employee performance. These findings contribute to human resource management theory by highlighting cognitive and affective pathways in digital workplace transformation, while providing practical insights for public sector organizations seeking to optimize administrative efficiency and service delivery quality through targeted capability building and supportive work environments.
Digital Competence, Employee Performance, Self Efficacy, Job Satisfaction, Public Administration.
The Use of Digital Data and Artificial Intelligence in Recruitment: An Analysis of Business Candidates’ Perceptions of Organizational Attractiveness
This study examines the causal relationships between artificial intelligence implementation, digital data sourcing practices, and candidates' perceptions of organizational attractiveness within the contemporary talent acquisition landscape. Adopting a rigorous empirical research design, a scenario based vignette survey experiment was conducted with a sample of 413 final year undergraduate university students in major Indonesian metropolitan areas. The econometric analyses, executed using paired Student's t-tests, reveal that increasing automation levels enhances corporate innovation signals but severely reduces perceived social environment viability and applicant intentions to apply. Furthermore, the utilization of personal online digital data significantly damages procedural fairness evaluations compared to professional tracking frameworks. Individual technology trust serves as a critical moderating variable, determining the magnitude of intention shifts among prospective business and engineering applicants. These findings suggest that organizations must strategically balance automated processing efficiency with candidate privacy boundaries to protect employer brand value. Navigating this sociotechnical dynamic allows recruiting organizations to leverage predictive talent analytics while maintaining high organizational attractiveness for top tier talent.
Recruitment Automation, Organizational Attractiveness, Digital Sourcing, Fairness Perception, Technology Trust
The Effect of Work Discipline and Work Ethic on Employee Productivity at PT Rodaniaga Kokoh Nusantara, Tangerang Regency
This study evaluates the predictive paths of work discipline and work ethic regarding employee productivity within the activated carbon manufacturing sector. Utilizing an empirical quantitative descriptive method with an associative causal framework, this investigation executes a complete census of all sixty operational personnel through a saturated sampling technique. Primary data gathered over a multi month operational horizon via closed questionnaires were processed using classical assumption diagnostics and multi variate linear regression models. The resulting econometric estimations demonstrate that work discipline exerts a positive, statistically significant partial impact on labor output limits, whereas work ethic provides a mathematically superior contribution toward optimizing total production limits. Simultaneous statistical testing confirms that the joint integration of behavioral regulations and personal reliability yields an optimal structural baseline that explains a substantial portion of floor productivity variance, while the remaining percentage depends on external variables beyond the current empirical model. Consequently, industrial human resource executives must design integrated monitoring strategies that address punctual attendance patterns while fostering collaborative workspace initiatives to ensure sustainable organizational performance.
Work Discipline, Work Ethic, Employee Productivity, Operational Efficiency, Industrial Performance
The Capitalization of the Cultural Value of the Mabbarasanji Tradition from a Cultural Economics Perspective: An Analysis of the Treatment of Cultural Assets Based on Local Wisdom
This study examines the Mabbarasanji tradition within the Culili neighborhood, Polewali Urban Village, Bone Regency, evaluating its structural dynamics as a non-monetary cultural asset from a cultural economics perspective. Utilizing an interpretive qualitative research design and phenomenological analysis, the inquiry captures the lived experiences of traditional reciters and local activists to understand how this oral performance generates localized social capital and maintains communal continuity. The findings indicate that the tradition represents a vital heritage resource whose value is determined by poetic auditory cadences, linguistic preservation, and collective voluntary labor. The investigation demonstrates that these customary practices directly satisfy the legal criteria established under Indonesian Law Number 5 of 2017 concerning the Advancement of Culture, thereby qualifying for formal institutional protection. To counteract modern threats of globalization and declining youth participation, this study devises a narrative Cultural Accounting Disclosure Framework that operationalizes qualitative sustainability metrics for state registries. Ultimately, this framework bridges the gap between abstract local wisdom and formal accountability systems, ensuring the sustainable preservation of Bugis cultural identity.
Mabbarasanji, Cultural Asset, Social Capital, Cultural Accounting, Intangible Heritage.
The Crucial Role of Innovation in Driving Organizational Growth, Success, and Sustainability
Innovation has become a fundamental element in industrial development and organizational advancement because it influences competitiveness, market coordination, and long-term organizational sustainability. Innovation is integrated into various aspects of human activities through product development, managerial approaches, operational methods, and organizational transformation processes. This study aims to examine the crucial role of innovation in driving organizational growth, success, and sustainability through a qualitative conceptual approach and literature review method. The analysis demonstrates that innovation is not limited to creativity or the generation of new ideas but involves systematic processes of transforming ideas into applicable solutions that create organizational value. The findings indicate that innovation capability contributes to organizational development by strengthening adaptability, improving competitiveness, supporting strategic renewal, and enabling organizations to respond effectively to changing market conditions. Innovation also functions as a strategic mechanism that connects creativity, knowledge management, technological advancement, and sustainable organizational performance. This study highlights that innovation should be managed as a continuous organizational capability rather than a temporary activity to ensure long-term success and resilience in dynamic global environments.
Creativity, Innovation, Innovation Management, Organizational Growth, Sustainability.
Strategies For Managing Liquidity Risk Through Asset-Liability Management (ALMA) In Islamic Banking
This study examines the causal relationships between integrated asset liability management frameworks and liquidity risk resilience within Islamic commercial banks in Indonesia. Utilizing panel data and partial least squares structural equation modeling, the empirical investigation evaluates how structural maturity gap configurations, funding diversification strategies, and third party fund optimizations determine institutional stability under strict regulatory environments. The empirical findings reveal that while funding diversification introduces short term adjustments within the financing to deposit ratio, active interventions by the internal asset liability committee act as a vital stabilizing mechanism. Furthermore, the banking sector exhibits robust compliance performance, with the mean liquidity coverage ratio and net stable funding ratio systematically exceeding international regulatory baselines without undermining core sharia principles. The results confirm that domestic monetary instruments effectively insulate participating institutions from systemic interbank contagion. This research concludes that the long term financial sustainability of Islamic banking institutions depends on the continuous alignment between disciplined corporate governance and macroprudential liquidity mandates.
Asset Liability Management, Liquidity Risk, Islamic Banking, Macroprudential Policy, Corporate Governance.
Marketing Intelligence in Islamic Education: A Model for Enhancing Competitiveness through the Use of Digital Data
This study examines the role of marketing intelligence in enhancing the competitiveness of Islamic educational institutions through the strategic utilization of digital data. Rapid digital transformation has intensified competition among educational institutions, creating a need for data-driven decision-making capabilities that extend beyond conventional marketing approaches. Using a quantitative explanatory design, data were collected from leaders, marketing managers, public relations officers, and digital communication personnel from Islamic schools, pesantren, and Islamic higher education institutions. The proposed model was tested using Partial Least Squares Structural Equation Modeling (PLS-SEM). The findings demonstrate that marketing intelligence constitutes a multidimensional capability encompassing digital data acquisition, market sensing capability, stakeholder intelligence, competitive intelligence, and analytical capability. Measurement model evaluation confirmed the reliability and validity of all constructs. Structural analysis revealed that analytical capability, stakeholder intelligence, and competitive intelligence exert significant positive effects on institutional competitiveness. The validated model indicates that competitive advantage is generated not merely through digital technology adoption but through the organizational capacity to transform digital information into strategic knowledge. The study contributes to educational management literature by providing an empirically validated framework linking digital data utilization, marketing intelligence, and institutional competitiveness in Islamic education.
Marketing Intelligence, Islamic Education, Digital Data, Institutional Competitiveness, Strategic Management.
The Effect of Islamic Financial Literacy on The Interest in Saving at Islamic Banks
This study examines the empirical effect of Islamic financial literacy on the public interest in saving at Islamic banks within a dual financial system. Utilizing an explanatory quantitative approach and a cross sectional survey design, primary data were gathered through highly structured closed ended questionnaires distributed via purposive sampling to the retail banking consumer market in Indonesia. The primary data underwent classical econometric diagnostics and simple linear regression parameter evaluation. The statistical results reveal that Islamic financial literacy exerts a significant positive influence on saving interest, confirming that cognitive determinants act as structural drivers of behavioral intentions. The empirical model explains more than one third of the total variance in consumer saving interest, validating the fundamental tenets of the Theory of Planned Behavior. These findings address historical research gaps and provide strategic insights for resolving national market anomalies, such as the gap between high sharia literacy levels and low operational inclusion indices. Regulatory bodies and Islamic commercial banking institutions should prioritize structured educational frameworks and digital marketing outreach to optimize asset growth and secure a broader national market share.
Islamic Financial Literacy, Saving Interest, Islamic Banking, Consumer Behavior, Econometric Analysis.
Digital Marketing Strategy with Impact of Delivery Time on Customer Satisfaction in Online Food Delivery
This study examines the interplay between physical distribution speed and digital promotional vectors in shaping customer satisfaction within app-based food delivery ecosystems. Utilizing objective transaction-level data comprising 4093 fully delivered orders from the Zomato platform, an ordinary least squares regression framework was operationalized to evaluate direct and moderating structural pathways. The empirical findings reveal that delivery time does not exert a statistically significant direct impact on numeric customer ratings, suggesting a paradigm shift from raw logistics speed toward holistic experiential value. Conversely, free delivery incentives significantly enhance customer satisfaction, while promotional discount codes operate as critical psychological buffers that expand consumer tolerance thresholds during operational logistics delays. Although the baseline predictive model exhibits low explanatory power, confirming that satisfaction is a complex multidimensional construct, strict variance diagnostics validate structural parameter stability. These insights offer actionable strategic directives for platform managers, emphasizing the transition toward automated data-driven service recovery tools and targeted pricing interventions to stabilize consumer retention in highly competitive digital application markets.
Online Food Delivery, Delivery Time, Customer Satisfaction, Digital Marketing Strategy, Promo Code.
Analysis of Sustainability Reporting as the Implementation of Sustainability Accounting at PT Unilever Indonesia TBK in 2024
This academic study examines the implementation of sustainability accounting through the comprehensive evaluation of the sustainability report published by PT Unilever Indonesia Tbk in the fiscal year of 2024. Employing a qualitative descriptive approach with systematic document analysis, the research evaluates the corporate report against the Global Reporting Initiative Standards and Indonesian regulatory frameworks. The empirical analysis reveals that the company successfully integrates its core corporate business strategy into the newly established Growth Action Plan framework, driving substantial and highly measurable progress across critical environmental and social action areas. Specifically, the company achieved a ninety two percent reduction in greenhouse gas emissions relative to its baseline and successfully collected over ninety thousand tons of postconsumer plastic waste. While these environmental disclosures reinforce social legitimacy and demonstrate strong stakeholder accountability, the reporting still demonstrates an unbalanced emphasis on positive milestones over negative operational impacts. Ultimately, this academic research provides valuable insights into corporate accounting practices by thoroughly evaluating material topic identification, independent external assurance verification, and domestic regulatory multiframework integration processes.
Sustainability Accounting, Sustainability Reporting, Corporate Legitimacy, Carbon Reduction, Waste Management.
Optimizing the Management of Public Funds at Islamic Banks Through Liability Management
This study examines the strategic frameworks governing asset liability management within Islamic banking institutions to optimize public fund management without violating religious jurisprudence. Utilizing a qualitative library research design, the analysis evaluates secondary data spanning statutory regulatory frameworks, central bank macrofinancial records, and authoritative financial treatises. The findings reveal that effective liability management depends on a systematic partitioning between custody based accounts and investment partnerships to mitigate unexpected funding mismatches and control operational costs. Furthermore, integrating diversified capital pools from sovereign entities, educational centers, and social finance foundations provides a durable liquidity buffer that enhances institutional resilience against macroeconomic contractions. The study demonstrates that long term stability requires a balanced configuration that harmonizes profit sharing expectations with strict regulatory parameters. Ultimately, the successful mobilization of public liquidity is achieved by combining robust technological platforms, digital transaction convenience, and dual corporate governance oversight, which collectively reinforce institutional trust and secure sustainable economic growth in accordance with Islamic ethical standards.
Islamic Banking, Liability Management, Public Funds, Financial Liquidity, Risk Governance.
Implementation Of Sharia Principles In Investment Management In Islamic Banking
This study evaluates the operationalization of Islamic jurisprudence within corporate wealth management structures to determine how modern portfolios align with normative regulatory frameworks. Employing a non empirical qualitative design driven by a systematic content analysis framework, the research examines the structural integration of normative theology and macroeconomic architectures. The analytical model decodes foundational texts, statutory banking laws, and national religious fatwas through systematic data reduction, thematic categorization, and conceptual synthesis. The findings indicate that the execution of trust partnerships, joint equity pooling, and asset backed exchange structures naturally mitigates moral hazard while optimizing liquidity distribution. Furthermore, combining international governance benchmarks with independent sharia supervisory controls shields institutional frameworks from systemic market volatility and asymmetric information gaps. The structural synthesis demonstrates that banking resilience depends heavily on anchoring transaction instruments to tangible real sector ventures rather than speculative metrics. Ultimately, this integration establishes a disciplined investment ecosystem that maximizes commercial returns while maintaining absolute regulatory compliance.
Islamic Banking, Investment Management, Sharia Governance, Portfolio Optimization, Risk Mitigation.
The Role of Profitability in Assessing The Financial Health of Islamic Banks
This inquiry establishes a comprehensive conceptual framework validating the structural role of profitability as an active diagnostic instrument in determining the microprudential stability of Sharia compliant financial institutions. Operating within an integrated systematic literature review design, the analytical architecture synthesizes macro level global industry standards with micro level sovereign statutory directives to trace the transmission pathways of institutional earnings. The qualitative data reduction reveals that fundamental rentability metrics including return on assets, return on equity, and net operating margins transcend basic accounting records to actively dictate the broader composite health classifications of modern banking corporations. Through meticulous thematic synthesis and conceptual triangulation, the findings demonstrate that sustainable profit generation directly strengthens operational resilience by accelerating organic capital retention, optimizing risk profile structures, and fortifying corporate governance efficiency. Ultimately, long term organizational survival requires a well integrated revenue optimization strategy that balances prudent asset liability management with aggressive digital banking transformations. Maintaining this structural equilibrium remains highly essential for securing public depositor trust and preserving systemic stability across competitive market landscapes.
Financial Health, Islamic Banking, Microprudential Stability, Operational Resilience, Revenue Optimization.
Balancing National Sovereignty and the Efficiency of Cross-Border Asset Enforcement: Toward an ASEAN Framework for the Recognition and Enforcement of Foreign Court Judgments
This study examines the institutional conflict between state sovereignty and transnational enforcement efficiency within the Association of Southeast Asian Nations, focusing specifically on the conservative legal frameworks of Indonesia and Thailand. Utilizing a non-empirical doctrinal legal method and macro-comparative analysis, the investigation deconstructs the systemic barriers generated by traditional territorial enforcement paradigms that refuse to recognize foreign judicial decrees directly. The current domestic requirements for comprehensive re-litigation multiply corporate transaction costs, cause prolonged procedural delays, and undermine cross-border asset recovery mechanisms within the regional market. To resolve this regional enforcement gap, this study designs a normatively viable regional blueprint titled the ASEAN Framework for the Recognition and Enforcement of Foreign Judgments. By adapting global circulation standards from the Hague Judgments Convention 2019 and the Brussels I Recast Regulation, the proposed model introduces a streamlined registration tracking mechanism balanced with a restrictive grounds for refusal matrix. This integrated architectural framework successfully eliminates structural legal duplication, secures cross-border data privacy, and combats transnational financial crimes while preserving the foundational judicial autonomy of individual member nations.
Private International Law, Judicial Autonomy, Asset Recovery, Cross-Border Enforcement, Regional Integration.
Black Soybean-Based Tempeh Product Innovation to Enhance the Added Value of Local Food Products
This study aims to develop an innovative tempeh product made from black soybeans to enhance the added value of local food products and promote the utilization of indigenous agricultural resources. Black soybeans were selected as the primary raw material because of their high protein content, antioxidant activity, and anthocyanin compounds, which provide greater functional benefits than conventional soybeans. This study employed an empirical qualitative approach using a descriptive research design. Primary data were collected through semi-structured interviews, direct observation of the production process, and documentation, while secondary data were obtained from relevant scientific literature. The production process included black soybean selection, washing, soaking, boiling, partial seed coat removal, inoculation with Rhizopus starter culture, packaging in banana leaves, and fermentation for one to three days. The findings indicate that black soybean tempeh was successfully produced with a compact texture, uniform white mycelial growth, a distinctive dark appearance, and sensory characteristics comparable to conventional tempeh. The innovation also demonstrates promising commercialization potential through product differentiation, functional food positioning, and market-oriented value creation. These findings suggest that black soybean-based tempeh can increase the economic value of local food products, encourage food diversification, and provide sustainable business opportunities for micro, small, and medium-sized enterprises (MSMEs).
Black Soybean, Food Product Innovation, Local Food Products, Tempeh, Value-Added Food.
Analysis of Competitiveness, Opportunities, and Challenges in Indonesia’s Agricultural Trade with the Chinese Market from a Global Perspective
This study evaluates the competitiveness, opportunities, and challenges of Indonesian agricultural trade within the Chinese market using a descriptive analytical framework. By applying the Revealed Comparative Advantage model and the Export Product Dynamics matrix, this research identifies key commodities with significant export potential and competitive positioning. Results indicate that while Indonesia maintains a strong comparative advantage in primary resource-based exports, the structural dependency on raw material shipments limits overall value-added performance. Furthermore, the analysis highlights that systemic barriers, including stringent international quality standards, technological deficits, and human capital limitations, impede deeper market integration. Addressing these obstacles requires an integrated strategy focusing on industrial downstreaming, enhanced certification compliance, and the digitalization of supply chains. The findings suggest that aligning domestic agricultural policies with regional trade frameworks is essential for fostering sustainable export growth. This research provides a robust academic foundation for policymakers to navigate the complexities of bilateral trade, promoting a transition toward innovation-driven competitiveness that enhances Indonesia's strategic standing in the global agricultural trade architecture.
Agricultural Competitiveness, Export Dynamics, Trade Policy, Market Integration, Global Value-Chain.
Modeling the Gross Returns of the Big Four Banks’ Stocks in Indonesia Using a Generalized Linear Model (GLM) with the AIC, BIC, and Deviance Approaches
This study examines the macrofinancial sensitivities and returns dynamics of the four systemically important banks in Indonesia using a Generalized Linear Model framework optimized via operational parameter criteria. Utilizing daily returns data, the empirical framework evaluates the transmission channels of domestic equity index movements, foreign exchange fluctuations, and central bank monetary policies while explicitly addressing non-Gaussian error distributions. The statistical estimations demonstrate that domestic capital market performance acts as the definitive anchor for banking stock returns, although public and private banking instruments exhibit divergent elasticity profiles reflecting distinct institutional mandates and funding structures. Furthermore, residual diagnostics reveal a complete rejection of error normality across all asset vectors, confirming that traditional linear estimation models produce inefficient standard errors under conditions of extreme market volatility. By accommodating alternative exponential distribution profiles and flexible non-linear link functions, the generalized framework minimizes unexplained variance and yields highly consistent parameter metrics. These findings underscore the critical utility of non-linear structural modeling in accurately identifying systematic risks, optimizing corporate banking portfolios, and strengthening macroprudential surveillance systems within emerging financial architectures.
Generalized Linear Model, Systemic Banking Assets, Macrofinancial Transmission, Non-Gaussian Distribution, Capital Market Volatility.
The Role of Digital Technology in the Transformation of Modern Accounting Practices
The architectural shifting of corporate disclosure mechanisms within digitalized global markets necessitates a profound re-engineering of routine transaction recording pipelines to sustain organizational survival. This investigation adopts a non empirical qualitative descriptive approach utilizing a rigorous systematic literature review design to examine the multi dimensional impact of digital technology adoption on contemporary financial frameworks. The analytical model relies on a multi layered qualitative synthesis technique to evaluate the underlying causal relationships between automated processing platforms, professional role adjustments, and internal control vulnerabilities. The findings indicate that while advanced cloud networks and robotic automation maximize processing efficiency, they actively force human practitioners to discard routine mechanical roles and assume high level advisory positions. Furthermore, the implementation of decentralized blockchain architectures and cognitive auditing tools embeds continuous anomaly tracking directly into governance frameworks, significantly reducing corporate fraud risks while simultaneously introducing system dependency variables. This study concludes that long term corporate resilience depends on the strategic alignment between advanced technological infrastructure and mature human resource capabilities.
Accounting Transformation, Artificial Intelligence, Blockchain Technology, Digital Technology, Robotic Process Automation.
An Analysis of the Effects of Macroeconomic Fundamentals, Firm Growth, Capital Structure, and Firm Liquidity on Stock Returns, Dividend Policy, and Financial Performance Among Companies in the Non-Cyclical Consumer Sector Listed on the Indonesia Stock Exchange from 2021 to 2024
This study examines the transmission mechanisms connecting macroeconomic fundamentals, firm growth, capital structure, and corporate liquidity to stock returns, utilizing dividend policy and financial performance as intervening variables. Focusing on public firms within the non-cyclical consumer sector listed on the Indonesia Stock Exchange from 2021 to 2024, data were collected using purposive sampling and evaluated via Structural Equation Modeling Partial Least Squares. The empirical findings reveal that external macroeconomic dynamics and internal firm growth exert influential pressure on baseline operational metrics and structural policies. However, capital structure and cash distribution frameworks remain largely insulated from immediate capital market adjustments, indicating that dividend variations do not serve as direct drivers of equity valuation. Conversely, short-term liquidity maintenance establishes an operational drag on internal profitability, whereas robust financial performance acts as the definitive mediating catalyst that optimizes investor yields. Ultimately, equity market returns are dictated by sustainable corporate profit generation rather than external financing structures, requiring executives to prioritize resource allocation efficiency over superficial payout modifications to successfully capture long-term public investor confidence.
Stock Returns, Financial Performance, Dividend Policy, Corporate Liquidity, Capital Structure.
The Development of Islamic Securities Crowdfunding in Indonesia: Opportunities and Challenges
The rapid advancement of financial technology has transformed Indonesia's financing landscape through the emergence of Islamic securities crowdfunding as a Shariah-compliant alternative financing instrument. This study aims to analyze the development of Islamic securities crowdfunding in Indonesia by examining its opportunities and challenges within the contexts of economic development, accounting, and global financial markets. The study adopts a qualitative, non-empirical design using a library research approach. Data were obtained from peer-reviewed publications, official reports issued by the Financial Services Authority (OJK), and Shariah regulations promulgated by the National Sharia Council–Indonesian Ulema Council (DSN-MUI), which were analyzed through qualitative content analysis and thematic interpretation. The findings indicate that Islamic securities crowdfunding expands financing access for micro, small, and medium enterprises while promoting financial inclusion and Shariah-compliant investment through digital platforms. Regulatory support has strengthened institutional governance and enhanced investor confidence, although challenges remain, including limited Islamic financial literacy, investment risk, regulatory adaptation, Shariah governance, and technological readiness. The study concludes that Islamic securities crowdfunding possesses significant potential to strengthen Indonesia's Islamic digital financial ecosystem, provided that governance quality, stakeholder collaboration, public literacy, and regulatory effectiveness continue to improve.
Financial Inclusion, Islamic Capital Market, Islamic Securities Crowdfunding, MSMEs, Shariah Fintech.