Purpose of the study: This study aims to explain the effect of Islamic Banking Intellectual Capital and Islamic Social Reporting on the Islamic Financial Performance Index of Sharia Bank Indonesia. Methodology: The data obtained in this study consisted of a total of 368 from annual financial reports and sustainability reports that were officially published by each Islamic bank in Indonesia. The analytical method used in this study is the Partial Least Square (PLS) method which is processed with SmartPLS 3 software. Main Findings: There is an essential influence on the implementation of Islamic Banking Intellectual Capital and Islamic Social Reporting on Islamic Financial Performance in Islamic Banking in Indonesia. This finding also shows that intellectual capital and social reporting by Islamic banks have a significant positive effect on the financial performance of Islamic banks in Indonesia. Applications of this study: This research will help next researchers to develop research in the banking world and can be used by banking institutions to become scientific input. Besides, mobilizing and using intangible resources properly will improve the financial performance of an organization. Novelty / Originality of this study: The existence of Islamic Banking Intellectual Capital combined with Islamic Social Reporting can affect and improve the competitiveness of Islamic Banking in Indonesia. This study will be a complete research and provide clear information for practitioners and academics.
Kumpulrejo Village becomes the priority of Salatiga City in the sustainable village development based on the local potential of agrotourism. Kumpulrejo holds potential in livestock farming, nearly 80% of the population are dairy farmers. Suboptimal institutional capacity of the Livestock Farmer Groups in managing potentials results in problems regarding sustainable village development program in Kumpulrejo. The community's social capital is expected to significantly affect the Livestock Farmer Groups's institutional capacity strengthening. The present study aims to find out the affect of social capital on the institutional capacity strengthening with regard to argoturism-based sustainable village development in Kumpulrejo. The method that used was quantitative-descriptive, data obtained from questionnaires, observation, and interview. The sampling technique used by simple random sampling, to the 60 respondents. The study showed that social capital which consist of a trust, social network, and norms significantly affect to the institutional capacity strengthening by 57,9%. Partially, a trust did not hold significantly affect, while social network and norms significantly affect the institutional capacity strengthening of livestock farmer groups in Kumpulrejo Village.
Purpose The purpose of this paper is to investigate whether performance management system (PMS) has a positive effect on organizational performance. Furthermore, it also investigates whether intellectual capital (IC) mediates PMS-organizational performance relationship. Design/methodology/approach This study is designed as a quantitative research employing a partial least squares structural equation modeling (PLS-SEM). Using an online survey, data are collected from the HEIs managers under the Ministry of Research, Technology and Higher Education, the Government of Indonesia (MRTH-GOI). This research uses a mediation model approach to test the indirect effect of IC. Findings The results reveal that PMS has a positive direct effect on organizational performance of the HEIs in Indonesia. Further analysis proves that IC partially mediates PMS-organizational relationship. Research limitations/implications This research is context-specific for Indonesia and caution should be used when generalizing it to other countries. It implies that the better the organizational performance of the HEIs, the better the quality of life in the society. PMS and IC play a crucial role in the era of knowledge economy. Practical implications The HEIs managers should design and implement a reliable PMS. They also should properly manage the IC (human capital, structural capital, relational capital) so that they can enhance organizational performance in areas of teaching, research and community service as the core business of the HEIs. Social implications As the global education competition has become a serious issue in each HEI in Indonesia, the results of this study contribute to providing an approach on how to achieve a better organizational performance which brings more benefits to the society. The HEIs display a strategic role in improving the quality of life of society. The knowledge economy requires society to enhance the quality of education at all levels. This research model and results provide empirical evidence of the importance of IC which mediates the relationship between PMS and organizational performance. When the HEIs in Indonesia implement this model of managing IC, the society will get more benefits in terms of the improvements in the quality of education, teaching, research and community service from the HEIs. The better the HEIs performance, the better the quality of life of the society in the era of knowledge economy. Originality/value This research brings together issues that are usually examined separately in previous studies. It employs a mediation research model to explore the central role of IC in PMS- organizational performance relationship which is rarely researched. This is also the first study exploring the three constructs of PMS, IC and organizational performance in the Indonesian HEIs research setting.
IMFI (Islamic Micro Finance Institutions) is a microfinance institution that can provide ease of access, especially for people who have SME ( Small and Medium Enterprises). The purpose of this study is to determine how the concept of cooperation network between the government, private sectors and universities in strengthening SME capital through IMFI. The method used in the study is a qualitative method using a discourse analysis data analysis technique. The result of this study indicates that the cooperation between the government, private sectors, and universities in strengthening the capital of SME through IMFI can be implemented using a linear collaborative of partnership model, while capitals that can be utilized such as RLF of government, CSR funds from the private sector (companies), program linkage with Islamic Banks, training and preparation of skilled workforces from universities to support the development of IMFI and SME.
This study examines the micro enterprises of industrial sectors that receive Kredit Usaha Rakyat (People's Business Credit/KUR) or Commercial Credit (KK) in seven cities in East Java. First-ly, this study aims to measure the technical efficiency of micro enterprises in the industrial sector in East Java that accept KUR and KK using the Data Envelopment Analysis method; secondly, to ex-amine the factors that influence the technical efficiency of micro enterprises, which receive KUR and KK with Tobit Regression. Unlike others' researches, this paper attempts to determine the influ-ence of technical efficiency and other factors on the poverty status of micro entrepreneurs using logistic regression. The average technical efficiencies of KUR and KK recipient micro businesses using the as-sumptions of the DEA VRS model are 0.94 and 0.77. While the average technical efficiencies of KUR and KK recipient micro businesses using the assumptions of the DEA CRS model are 0.88 and 0.71. The factors that influence the technical efficiency of micro enterprises recipients of KUR and KK are profit, experience, geographical location, amount of credit, KUR access, the credit realization peri-od, and dummy variable of food and beverage products. The factors that influence the poverty status of micro-entrepreneurs are technical efficiency, income, KUR access, gender, number of household member, and geographical location. The results of this research can be a material consideration for the government in formulating policies.
The purpose of this study was to investigate the mediating impact of psychological capital and job relevant information on the budget participation to job performance at the public sector managers in the provincial government of East Java. Data analyzed using SEM-PLS. The SEM-PLS allows the examination of the direct effects of budget participation on job performance and the indirect effects between budget participation and job performance that run through psychological capital and job relevant information. The findings of this study are that psychological capital fully mediates influence of budget participation to job performance, job relevant information fully mediates influence of budget participation to job performance. Limitations of this study are using questionnaire media to obtain primary data so that it relies on the level of respondent perception so that the subjectivity factor can be contained in it. Second limitation is generalizability of samples. Despite its limitations, this study has both academic and practical implications. The study adds to the job performance literature in a public sector organizations. The study also finds that manager's job performance can be improved by minimizing Psycap and JRI. Future research should study other mediation variables on the effect of budget participation on job performance.
Vulnerable Children and Children with Special Condition (Anak-Anak dalam Kondisi Khusus dan Rentan or AKKR) are children who must receive assistance and motivation to achieve their rights. In practice in real life, they are temporarily forced to be in correctional institutions/detention centers/Institute for Special Development Children (LPKA) as a result of violating the law. It should not make them shunned, but instead, they must be assisted. Vulnerable Children and Children with Special Condition need enforcement of the fulfillment of their rights. The existence of Sahabat Kapas as a nonprofit non-governmental organization (NGO) located in Karanganyar, Central Java, Indonesia, provides concerns and solicitudes for Vulnerable Children and Children with Special Condition. This research aims to analyze and describe the forms of social practice based on habitus in Sahabat Kapas organization. This research used a qualitative research method with Bourdieu's genetic structuralism approach. Informants were determined using purposive sampling techniques. Data collection was performed using participant observation techniques in the field, in-depth interviews, and documentation studies. Data were analyzed in three stages, including data reduction, data presentation, and ended with concluding. Data were verified by source triangulation. The results showed that Sahabat Kapas became an alternative to assist Vulnerable Children and Children with Special Condition conducted in correctional institutions/detention centers/Institute for Special Development Children (LPKA). The social practices conducted by Sahabat Kapas in assisting Vulnerable Children and Children with Special Condition are following the capital they have and the history of the habitus they conduct. Relational social capital is at stake by assistants with prison officers and how to build relationships with children. Economic capital refers to the efforts made by Sahabat Kapas to get funds to support assistance through entrepreneurship and opening donations. Cultural capital includes the whole intellectual/knowledge gained by assistance through training that is useful to assist children in correctional institutions/detention centers/Institute for Special Development Children (LPKA). Symbolic capital is manifested in the form of awards from the government for Sahabat Kapas and assistance awards for children in the form of gifts. ; Anak-Anak dalam Kondisi Khusus dan Rentan (AKKR) adalah anak yang harus mendapat bantuan dan motivasi untuk mendapatkan haknya. Pada praktiknya dalam kehidupan nyata, mereka untuk sementara waktu terpaksa berada di Lapas/Rutan/Lembaga Pembinaan Khusus Anak (LPKA) akibat melanggar hukum. Seharusnya hal itu tidak membuat mereka dijauhi, tapi malah harus dibantu. Anak-Anak dalam Kondisi Khusus dan Rentan membutuhkan penegakan hukum dalam pemenuhan haknya. Keberadaan Sahabat Kapas sebagai sebuah lembaga swadaya masyarakat (LSM) nirlaba yang berlokasi di Karanganyar, Jawa Tengah, Indonesia, memberikan perhatian dan kepedulian bagi Anak-Anak dalam Kondisi Khusus dan Rentan. Penelitian ini bertujuan untuk menganalisis dan mendeskripsikan bentuk-bentuk praktik sosial berbasis habitus di organisasi Sahabat Kapas. Penelitian ini menggunakan metode penelitian kualitatif dengan pendekatan strukturalisme genetik Bourdieu. Informan ditentukan dengan menggunakan teknik purposive sampling. Pengumpulan data dilakukan dengan teknik observasi informan di lapangan, wawancara mendalam, dan studi dokumentasi. Analisis data dilakukan dalam tiga tahap, yaitu reduksi data, penyajian data, dan diakhiri dengan penarikan kesimpulan. Data diverifikasi dengan triangulasi sumber. Hasil penelitian menunjukkan bahwa Sahabat Kapas menjadi alternatif pendampingan Anak-Anak dalam Kondisi Khusus dan Rentan yang dilaksanakan di Lapas/Rutan/Lembaga Pembinaan Khusus Anak (LPKA). Praktik sosial yang dilakukan Sahabat Kapas dalam mendampingi Anak-Anak dalam Kondisi Khusus dan Rentan mengikuti modal yang mereka miliki dan riwayat habitus yang mereka lakukan. Modal sosial relasional dipertaruhkan oleh pendamping dengan petugas lapas dan bagaimana membangun hubungan dengan anak. Modal ekonomi mengacu pada upaya Sahabat Kapas untuk mendapatkan dana bantuan melalui wirausaha dan membuka donasi. Modal budaya mencakup seluruh intelektual/pengetahuan yang diperoleh dengan bantuan melalui pelatihan yang berguna untuk mendampingi anak di Lapas/Rutan/Lembaga Pembinaan Khusus Anak (LPKA). Modal simbolik diwujudkan dalam bentuk penghargaan dari pemerintah kepada Sahabat Kapas dan penghargaan pendampingan kepada anak-anak berupa hadiah.
From various surveys on the quality of public services shows that low public services in Indonesia, more affected due to poor quality of human resources officers. Therefore it is necessary to reform human resources through capacity building apparatus. With reference to the experience of three countries (Britain, Australia, New Zealand), then capacity building in Indonesia should be taken seriously by political commitment at both the macro and micro: (1) change in mindset of officials, (2) Capacity building of intellectual capital, ( 3) Capacity building of intellectual capital, (4) Capacity building of intellectual capital. Besides the focus on human resources, Capacity building also should be coupled with capacity building institutions
Foreign direct investment is the largest source of external funds in both developed and developing countries. Some literature explains that one of the barriers to investment flow is corruption. Thus, this study aims to determine the effect of corruption as measured by the corruption perception index on foreign direct investment. Corruption is a political risk that affects the flow of foreign direct investment. The estimation results of the Generalized Method of Moment (GMM) show that the corruption perception index has a significant positive effect on foreign direct investment. The author also uses market seeking and efficiency seeking variables as potential factors that influence investors to direct foreign direct investment.
The purpose of this study is to investigate the association between political connections and overinvestment in Indonesia as a democratic, multi-party and developing country. This study uses sample of 1,044 and 543 firm-year observations from listed firms on the Indonesian Stock Exchange from 2012 to 2017. A two-stage model is used to address overinvestment, which used two different measurements, then continued by ordinary least square regression to establish the main analysis result. This study finds that political connection is negatively associated with overinvestment in Indonesia. We also find that this negative association is increasing due to the existence of governance mechanism from both external and internal parties of the firm. Our results indicate that the significant negative associations between political connections with overinvestment, which later is strengthen by governance mechanism might be caused by several differences in institutional setting and/or political connections benefits between the previous research in China and with the place where this research is taken. This paper could give insights in decision-making for stakeholders to anticipate certain harmful issues to the companies that might be occurred by their politically connected top management like directors and commissioners.
Food Estate is a government program with the concept of integrated food production development covering agriculture, plantation and animal husbandry located in a large land area. In simple terms the concept of Food Estate like a food industry villages. In running this program required a large capital, so the government opens opportunities for investment locations for the private sector to achieve efficiency, effectiveness and added value of the products that produced. The presence of a wave of private investment in the food estate program was not able to raise the welfare of the tenant farmers. Agricultural land tenure by investors makes the farmers only as laborers. So, the investors are who get benefits in this food estate program. To overcome this problem, it is necessary to look for other capital alternative. By using library research, in this study, cash waqf can be used as the capital alternative. Through cash waqf, assets of waqf in the form of empty lands can be used to be processed into agricultural land. Cash waqf can also be in the form of productive loans for farmers and agricultural investment. The large potential of cash waqf in Indonesia is expected to replace the role of private investors.
Many fishermen in Indonesia have not fully utilized marine resources properly. However, the government has several ways to improve the welfare of fishermen in other sectors than the fisheries; one of them is connecting between fishermen, coastal and tourism. Meninting of West Lombok is a strategic coastal village for the tourism sector. This village has started to develop tourist destinations since 2011, unfortunately, there is no data on fishermen as a real interest group. This study develops a research pattern on fishing communities which generally discusses the social resources of fishermen and the political aspects of fishing communities separately. This study used a qualitative approach to the social mapping method. Data obtained through interviews and observations of purposively selected informants. The data related to fishermen resources are in maps, followed by an analysis of their accessibility to policy. Spatial aspects strengthen their social resources, interests, and accessibilities to coastal tourism development. The results show that the social resources of fishermen of Meninting Village are unevenly distributed in five dusun (sub-villages). Indicators shown are; capital ownership, mastery of knowledge and skills, ownership of production equipment, use of science and technology, ability to diversify production, fishermen's sociopolitical relations and ability to recognize the economic prospects of coastal tourism. Fishermen who live in areas directly facing the sea have better social resources and firmer interests in coastal development. The accessibility of fishing groups is limited in the development policy. Only fishermen in sub-village located in a coastal area can show themselves as defenders. While the fishermen who live far from the beach tend to be latent or even apathetic. This study recommends the need for other social mapping studies on the characteristics of coastal communities and the need for the government to use the social mapping information of fishing communities to formulate policies that contain regional aspects in coastal tourism development. ; Nelayan belum menikmati dengan baik kesejahteraan dari sumber daya laut Indonesia. Cara-cara meningkatkan kesejahteraan nelayan di luar sektor perikanan sudah dimiliki oleh pemerintah. Salah satunya mengaitkan nelayan, pesisir dan wisata. Meninting di Lombok Barat adalah desa pesisir yang strategis di sektor pariwisata. Desa ini sudah mulai melakukan pengembangan destinasi wisata sejak tahun 2011, namun sayangnya tidak ada data mengenai nelayan sebagai kelompok kepentingan yang riil. Penelitian ini mengembangkan pola penelitian-penelitian tentang masyarakat nelayan pada umumnya yang membahas secara terpisah antara sumberdaya sosial nelayan dan aspek politik masyarakat nelayan. Penelitian ini menggunakan pendekatan kualitatif dengan menggunakan metode pemetaan sosial. Data diperoleh melalui wawancara dan observasi terhadap informan yang dipilih secara purposif. Data terkait dengan sumber daya nelayan disajikan dalam bentuk peta, diikuti dengan analisis mengenai aksesibilitas mereka terhadap kebijakan. Aspek spasial memperkuat sumberdaya sosial yang dimiliki nelayan, kepentingan dan aksesibilitas mereka terhadap pembangunan wisata pesisir. Penelitian menunjukkan sumber daya sosial nelayan di Desa Meninting tersebar tidak merata pada lima dusun. Indikator yang ditunjukkan adalah; kepemilikan modal, penguasaan pengetahuan dan keterampilan, kepemilikan alat produksi, penggunaan ilmu pengetahuan dan teknologi, kemampuan diversifikasi hasil produksi, hubungan sosial-politik nelayan dan kemampuan untuk mengenali prospek ekonomi wisata pesisir. Nelayan yang tinggal di wilayah yang langsung berhadapan dengan laut memiliki sumberdaya sosial yang lebih baik dan kepentingan yang lebih tegas terhadap pembangunan pesisir. Aksesibilitas kelompok nelayan terbatas dalam kebijakan pembangunan tersebut. Hanya nelayan-nelayan di dusun pesisir yang mampu menunjukkan diri sebagai defenders. Sementara nelayan-nelayan yang tinggal berjauhan dari pantai cenderung latents atau bahkan apathetic. Penelitian ini merekomendasikan perlunya kajian sosio-spasial lainnya mengenai karakteristik masyarakat pesisir dan perlunya pemerintah memanfaatkan informasi sosio-spasial masyarakat nelayan untuk merumuskan kebijakan-kebijakan yang memuat aspek kewilayahan dalam pembangunan wisata pesisir.
This research aims to determine the effect of government spending and unemployment on IHDI in Indonesia in 2010-2013. The method of analysis used in this research is regression analysis of fixed effect model (FEM) panel data. The result of t-test in this research indicates that government expenditure has a significant positive effect on IHDI and unemployment has a negative effect not significant on IHDI. In conclusion, the two variables have a significant effect on IHDI in Indonesia in 2010-2013.
Local Government are required to implement accrual-accounting. The purpose of this study was to examine the factors that may increase the readiness of Batu Local Government in the implementation of accrual accounting. This study used three variables: competency, organizational commitment, and professionalism of employees. The population in this study is the officers involved in the financial administration of the area in 34 regional units. The sample was selected using a quota sampling technique. Data in this study were obtained through questionnaires, observation and documentation. Data analysis method used is the test of data quality, classic assumption test, and multiple linear regression test with SPSS (statistical product and service solutions). The results showed that competency, organizational commitment and professionalism of officers may increase the readiness of the application of accrual accounting, the professionalism of officers can be used as an intervening variable in relation to competency with the readiness of the application of accrual accounting, and shows that the professionalism of employees cannot be used as an intervening variable in relation to the organization's commitment to the readiness of the application of accrual accounting.
Sugar industry in Indonesia has been experiencing rapid growth in local consumption, a decrease in domestic production, an increasingly growing import dependency, and a rise in the cost of energy use. This study explores the efficiency of energy use in the Indonesian sugar industry from 2010 to 2014 by applying the input distance function based on the trans-log model to all sugar mills across the country. The results revealed that substantial differences in energy efficiency exist across the provinces. The average energy efficiency is nearly 0.68, with the most efficient regions reaching nearly 0.77 and the lowest ones scoring about 0.62. The sugar mills in the provinces of Gorontalo, Banten, South Sulawesi, and East Java are more efficient than those of other provinces. The energy efficiency function suggested that increasing production volume can help to achieve more efficient energy use. Additionally, as labor and capital are substitute inputs, improvements in capital investment (technological upgrade) may yield larger outputs and contribute to more energy-efficient production. Meanwhile, raw materials and capital are complementary inputs, so improvements in energy efficiency via a larger mill size, bigger capital investment, and more efficient sourcing of raw materials can support the national government's production targets sustainably.
