Manajemen by Mochammad Fahlevi
Journal of Economics and Business Letters, 2023
The Palestine-Israel conflict, commencing on October 7th, has led to significant human and econom... more The Palestine-Israel conflict, commencing on October 7th, has led to significant human and economic repercussions, with Palestine facing dire economic challenges exacerbated by multiple factors, and Israel experiencing disruptions in sectors such as construction. The paper delves into the Economic Peace Leverage Theory (EPLT), positing that economic tools can foster peace and reduce conflicts. The global Boycott, Divestment, and Sanctions (BDS) movement, aiming to influence Israel's policies towards Palestinians, aligns with EPLT's principles, drawing from historical instances like the South African anti-apartheid struggle. Despite Israel's resilient economy, BDS holds symbolic significance, influencing global narratives. The paper emphasizes that the real impact of BDS lies more in its perceptual influence than economic setbacks for Israel. To harness EPLT's potential and address the root concerns of the BDS movement, a collective global effort is vital. Such collaboration can pave the way for sustained peace and prosperity in the region.
Environmental and Sustainability Indicators, 2023
Life expectancy is critical in determining living conditions in modern societies, making it a vit... more Life expectancy is critical in determining living conditions in modern societies, making it a vital focus for policymakers. This research employs a panel quantile regression model (ranging from 0.05 to 0.95) in Asian countries from 2000 to 2018. The study investigates the impact of economic growth, renewable and non-renewable energy consumption, carbon emissions, and government health services on life expectancy. The findings reveal that economic growth affects life expectancy only at the 0.95th quantiles while negatively influencing lower and medium quantiles. Conversely, carbon emissions have a significant adverse effect on life expectancy across all quantiles. Hydroelectricity negatively affects life expectancy at low and high quantiles, except at the 0.95th quantile. On the other hand, higher levels of petroleum and other liquids intake demonstrate positive effects on life expectancy in all quantiles. Government-provided healthcare significantly improves life expectancy in the lowest and middle quantiles, but its impact diminishes in the highest quantile. These findings underscore the importance of fostering growth and productivity through improved organizational structures. Simultaneously, efforts toward environmental sustainability and clean energy sources are essential for a thriving ecosystem. Yet, effective use of renewable energy and technical endeavors is essential to ensuring environmental sustainability and a thriving ecosystem as part of establishing a clean form of energy sources.
This study aims to investigate and scrutinize the financial performance, represented by the Retur... more This study aims to investigate and scrutinize the financial performance, represented by the Return on Asset (ROA), considering the mediating roles of Corporate Social Responsibility (CSR) and Sustainable Development Goals (SDGs). The sample selection method used purposive sampling, which used several criteria with the research object being the Mining industry listed on the Indonesia Stock Exchange and the National Center for Sustainability Reporting (NCSR) in 2020-2021. The data were sourced from secondary materials derived from several mining companies. The research employed Structural Equation Modeling (SEM) for data analysis. The results of the study indicate that: (1) CSR has a significant positive effect on SDGs; (2) SDGs have a significant positive effect on financial performance; (3) CSR has a significant positive effect on financial performance; and (4) SDGs can mediate CSR and financial performance. Companies should consider enhancing their CSR disclosure, as it is positively related to SDG achievement and financial performance. Moreover, regulatory bodies may encourage firms to adopt SDGs as part of their CSR initiatives, which could lead to both societal and economic benefits.
The purpose of this research is to investigate the synergistic impact of workplace spirituality (... more The purpose of this research is to investigate the synergistic impact of workplace spirituality (WPS), responsible leadership (RL), and pro-environmental behavior (PEB) within the context of Pakistan's Small and Medium Enterprises (SMEs) along with the mediating mechanism of Affective commitment (AC). Methods: Our study utilizes structural equation modeling (SEM) to analyze survey data collected from 390 employees within Pakistani SMEs. We develop a single unified framework to test the hypothesized relationships between RL, PEB, and AC as a mediator. Results: Our results unveil significant positive relationships between WPS, RL, and PEB. Our findings endorse both the direct connections between WPS, RL, and PEB, as well as the mediating mechanisms through AC. This study offers novel insights into the influence of PEB in the context of Pakistan's SMEs. Conclusion: The research significantly contributes to the existing literature by examining WPS, RL, PEB, and AC in the context of Pakistan's SMEs. The study's conclusions emphasize the potential benefits of integrating WPS and RL into business practices to encourage PEB. Additionally, we discuss the limitations of our research and suggest future avenues for further exploration in this vital area of sustainable business management.
Poverty reduction and sustainability are the two major issues in achieving sustainable developmen... more Poverty reduction and sustainability are the two major issues in achieving sustainable development. Microfinance emerged as an essential catalyst for socioeconomic development and financial inclusion to reduce poverty. MFIs cannot meet their primary objective of poverty reduction if they are not sustainable financially. With the theoretical support of the Profit Incentive theory, this paper examines the financial sustainability of microfinance providers (MFPs) in Bangladesh. A financial sustainability index (FSI) is developed by using Principal Component Analysis (PCA). This study analyzes the data using two-step system GMM from 2006 to 2018 collected from the MIX market of the World Bank. The results show that loan size, number of borrowers, percentage of women borrowers, and inflation significantly impact FSI positively. Organizational structure, liquidity, leverage, cost per borrower and GDP have significant negative impacts on the financial sustainability of the microfinance sector of Bangladesh. Upon further analysis, the estimates demonstrated that national governance indicators have a negative impact on the relationship between organizational structure, average loan balance per borrower and FSI. Similarly, a stronger national governance reduces (erases) the negative effect of number of borrowers and cost per borrower on FS of MFPs of Bangladesh. This study incorporated all six dimensions of the national governance indicators and developed a new financial sustainability index for measuring the financial sustainability of microfinance providers. Maeenuddin ABOUT THE AUTHOR Dr. Maeenuddin has an immense experience in the industry as a financial analyst. He has been working in the finance area for more than 12 years. He obtained his Ph.D. in Finance from Putra Business School, Universiti Putra Malaysia, Malaysia. He is very passionate about poverty reduction; thus his research works focus on poverty alleviation. Some of the works he has been doing among others are financial sustainability and poverty reduction for the development and the well-being of marginalized communities, and finance/corporate finance/microfinance/behavioral finance. With a passion for knowledge co-creation, he actively works with the research communities. To promote microfinance roles in reducing poverty, he has presented his research works at several conferences globally.
Change and development are continuous processes inside organizations. Maintaining a high level of... more Change and development are continuous processes inside organizations. Maintaining a high level of productivity is critical at all times. Flexibility and engagement are the two most essential factors in determining productivity. Leadership is necessary for an organization to manage these characteristics to be produced correctly. Nevertheless, consultative leadership has been determined to be the most theoretically appropriate form of leadership. The model has been tried and tested in Pakistani higher educational settings. The findings of this study provide evidence that the proposed model is booming, and the pertinent parts of this paper clarify the theoretical and practical aspects of the model.
Environmental degradation is one of the major global problems. This is because, like many other r... more Environmental degradation is one of the major global problems. This is because, like many other regions in the world, OECD countries also contribute to global warming by using non-renewable energy sources to speed up economic growth. Although ICT promotes globalization, no prior research has examined how this trend may affect CO 2 emissions in OECD countries. Given this scenario, the current study aims to examine the impact of Information communication technology, human capital, and globalization on environmental degradation in OECD economies from 1990 to 2018. The present study employs second-generation panel econometric techniques, i.e., panel unit root tests (CADF and CIPS), Westerlund co-integration technique, cross-sectional ARDL, and AMG. The results confirm that ICT, renewable energy consumption, and human capital help to bring environmental sustainability in OECD countries. However, the variables globalization, economic growth, and non-renewable energy consumption lead to increase environmental degradation. Finally, it is suggested that investments in the ICT sector must be subsidized to promote online businesses and incentivized through heavy tax relief.
This research seeks to examine the impact of GDP, GOV, IPR, and TPF on financial inclusion. The s... more This research seeks to examine the impact of GDP, GOV, IPR, and TPF on financial inclusion. The study's data were derived from the yearly published financial reports of the banking companies that are listed on the Indonesia Stock Exchange for the years 2012 through 2021. For the period of 2012-2012, a sample size of 38 banking firms listed on the Indonesia Stock Exchange (IDX) was used as the sampling method 2021. A statistical test using the panel data regression method and hypothesis testing using the F test and T test, which were earlier conducted with the classical assumption test first, are the analysis techniques used. The study's findings demonstrate that, for the years 2012 to 2021, the simultaneous effects of GDP, GOV, IPR, and TPF on Financial Inclusion in Banking Companies on the IDX are important. The GDP metric does not significantly affect stock prices, in part. The GDP variable has no significant impact on Financial Inclusion. Financial Inclusion is greatly impacted by the GOV variable. Financial Inclusion is significantly impacted by the IPR component. Financial Inclusion is not significantly impacted by the TPF variable. The research found that the coefficient of determination (R2) was 0.965392, which indicates that 96% of the Financial Inclusion variable can be explained by the independent variables, namely GDP, GOV, IPR, and TPF, and the remaining 4% can be explained by variables other than the equation.
The relationship between compensation, performance, and risk in a sample of Pakistani banks, usin... more The relationship between compensation, performance, and risk in a sample of Pakistani banks, using panel data for 20 banks from 2011 to 2021 has been examined in this research. To the best of researcher's knowledge, this is one of the first study examining the relationship between performance, risk and employee compensation using panel data approach in the context of Pakistan and using data for longer period. To examine the influence of employee compensation on the performance and risk of banks, we employed three performance measures: return on assets, return on equity, and operating profits. Risk assessment was conducted using non-performing loans and risk-weighted assets. Findings of study suggest that employee compensation has no significant impact on performance and risk of banks in Pakistan; this means in Pakistan higher employee's compensation does not enable banks to improve their performance or enable banks to take more risk.
Start-up ecosystems, with their inherent dynamism and potential for innovation, have grown signif... more Start-up ecosystems, with their inherent dynamism and potential for innovation, have grown significantly in recent years. However, understanding the factors that influence their share value remains an intricate task. This research aims to elucidate the direct and indirect impacts of start-up attributes-assets, capital, and employeesand their innovative practices on the share value of these burgeoning enterprises. Using regression analysis on data collected from start-ups operating between 2019 and 2022, this study uncovers several critical insights. The assets, capital, and number of employees were found to have a significant influence on the level of innovation within the start-up. Yet, surprisingly, these factors, along with innovation itself, did not exert a direct influence on the start-up shares. However, an indirect effect was noticed, with assets and capital influencing shares when mediated by innovation. No such indirect effect was discerned with the number of employees. This study enriches the existing literature by providing a nuanced perspective on the interconnectedness of start-up characteristics, innovation, and share value. Moreover, it presents vital insights to investors and start-up decision-makers by underscoring the essential role of innovation in enhancing share value. For future research, exploration of other potential mediators and examination of these relationships across diverse start-up contexts is recommended to develop a more comprehensive understanding.
The purpose of this study is to examine whether factors such as Assets, Capital, Workforce, and F... more The purpose of this study is to examine whether factors such as Assets, Capital, Workforce, and Fintech have an influence on the revenue of SMEs. The research method used in this study is descriptive analysis with quantitative data. The data for this study were obtained from the Cooperative and SME Agency of Medan City, and data analysis was conducted using Partial Least Square (PLS) analysis with the assistance of SmartPLS 3.0 software. The study utilized data from 245 MSMEs in Medan City for the year 2022. The results of this study demonstrate that among the three indicators, fintech has the strongest impact on MSME revenue. This is supported by the p-value in the hypothesis testing, which is 0.019 < 0.05, indicating that fintech has a positive and significant effect on revenue. Additionally, the asset indicator is also emphasized as it is considered to have a substantial influence on MSME revenue.
The Village Fund Program is a central government program to improve the welfare of rural communit... more The Village Fund Program is a central government program to improve the welfare of rural communities. Each village received a relatively large amount of village funds. However, after their Covid-19, the village funds were diverted to handling the Covid-19 problem. Village funds distributed by the government in general aim to improve the welfare of rural communities due to the unequal welfare conditions between people in rural areas and urban areas. Thus, the village fund program is also expected to eradicate the poor in rural areas. Besides, it is following sustainable development goals (Sustainable Development Goals). /SDGs). The objectives of this research are 1) To analyze the significance of differences in the use of village funds before and after the outbreak of the Covid-19 pandemic in Klungkung Regency; 2) to analyze the effect of using village funds in 2020 after the Covid-19 pandemic on the welfare level of villagers in Klungkung Regency. This research was conducted in Klungkung Regency, especially Klungkung mainland, with the classification of respondents of 3 village officials, 3 village community members, and 1 village community leader. Hence, the respondents in each village are 7 people. The number of villages on Klungkung mainland is 37 villages. Thus, the total number of respondents was 259 people throughout Klungkung Regency. The number of respondents was determined by quota sampling. The sampling technique used was accidental sampling combined with snowball sampling, which was included in the non-probability sampling. For respondents, the village apparatus used probability sampling in each village. In addition, purposive sampling was used for the required informants. Data collection methods were observation, interviews, and in-depth interviews, using descriptive statistical data analysis techniques, regression analysis, and average difference test. The results of the analysis showed that: 1) There was a significant difference in the use of village funds in 2019 and 2020 during the pandemic. In 2020, the use of village funds prioritized handling the Covid-19 pandemic. While the use of village funds in 2019 was used for village administration, village development, community development, and community empowerment; 2) There was a significant positive effect on the use of village funds in 2020 during the Covid-19 pandemic on the welfare level of the population in Klungkung Regency.
This article is an open access article distributed under the terms and conditions of the Creative... more This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY
The goal of this study is to investigate the relationship between corporate governance practices,... more The goal of this study is to investigate the relationship between corporate governance practices, as indicated by the Corporate Governance Perception Index (CGPI) scores, and key performance indicators (ROA, ROE, EPS) of publicly-listed Indonesian firms. Utilizing a panel data set comprising 112 Indonesian firms across various sectors, both fixed and random effects models were employed to discern the effects of corporate governance on firm performance. The dataset spanned five years, resulting in a total of 560 observations. The findings revealed a positive and statistically significant correlation between superior governance practices and enhanced firm performance. Specifically, a one-unit increase in the CGPI Score corresponded with increases in ROA, ROE, and EPS, even after controlling for variables such as firm size and industry type. Corporate governance plays a pivotal role in influencing the financial performance of Indonesian firms. Firms adhering to higher governance standards showcased better performance metrics, underscoring the strategic importance of robust governance mechanisms in the Indonesian business landscape. The results hold significant implications for Indonesian businesses, investors, and policymakers. Effective governance practices not only serve as a beacon for potential investors but also position firms for sustained growth and stakeholder trust in an increasingly competitive and interconnected global economy.
The purposei/aim of thisi studyi isi toi examinei whether thei ratio of Profitabilityi, Liquidity... more The purposei/aim of thisi studyi isi toi examinei whether thei ratio of Profitabilityi, Liquidityi and Leveragei Affect Mandatory Disclosure which is Moderated by Firm Size in the BUMN sector in 2010-2020. The research usesi deductivei approachi method, quantitativei type and descriptivei. Thei amount ofi BUMN enterprise sectori registered on the IDXi are 19 companiesi andi thei samplei thati fulfill the criteriai according to purposivei samplingi is 13 companiesi. This typei of researchi data usesi secondaryi datai. Thei datai used in the pooling data. Thei datai analysisi techniquei ofi thisi researchi usesi the EVIEWS program. The conclusion from thei resultsi ofi thisi studyi shows thei profitabilityi andi liquidity ratio havei significanti negative effecti oni mandatory disclosure whilei the leveragei ratio andi firmi sizei havei ai positivei effecti oni mandatory disclosurei. Simultaneouslyi profitabilityi ratiosi, liquidityi ratiosi, leveragei ratiosi and firm sizei havei no effecti oni mandatory disclosure. It is proven by f count is 0.8923 and sig value is 0.2617 higher than 0.05.
The manufacturing sector's adherence to managing natural resources from the environment still nee... more The manufacturing sector's adherence to managing natural resources from the environment still needs to be improved. This study's objective is to determine how Corporate Social Responsibility (CSR) influences the financial performance of manufacturing firms featured in the LQ45 Index, as measured by Return on Assets (ROA), Return on Equity (ROE), and Net Profit Margin (NPM). All manufacturing companies that are included in the LQ45 Index's population for this study were sampled using the purposive sampling method. This study uses secondary data from the CSRI based on the Global Reporting Initiative (GRI) G4 standard for 2018-2020 and the annual reports of companies in the manufacturing industry sector listed on the LQ45 Index. Moreover, applying a quantitative methodology, descriptive statistical methods, conventional assumption tests, and simple linear regression analysis were applied in this study's data analysis. The results of the study proved that CSR has a significant effect on ROA but does not affect the ROE and NPM of LQ45 manufacturing companies. In accordance with the signaling theory, CSR disclosure sends a favourable message to outsiders, which stakeholders and shareholders will respond to through changes in business earnings. CSR implementation can establish a positive image for the company, but it can also improve the company's image in both the commodity and capital markets. Investors will be more attracted to a company with a positive corporate image since a positive corporate image increases consumer loyalty. As consumer loyalty rises, the company's sales will likewise rise, and its profitability will increase as a result. This paper opens a new research path in corporate social responsibility and financial performance for possible links among variables; a matter that has not been previously explored in Indonesia Manufacturing Public Companies.
Journal of Theoretical and Applied Information Technology, 2023
The whistleblowing system is a part of internal control that has not been widely discussed in acc... more The whistleblowing system is a part of internal control that has not been widely discussed in accounting research in Indonesia. This study aims to determine the influence of the factors that influence the implementation of the whistleblowing system in supporting the prevention of financial/accounting fraud in the corporate environment. In addition, this study wants to examine whistleblowing policy as a moderating variable on the relationship between the factors that influence the whistleblowing system and the implementation of good corporate governance and their relationship with the audit committee. This study uses a qualitative research approach using a systematic literature review to see if there is a pattern of relationship between the factors that influence the effectiveness of the whistleblowing system reporting and good corporate governance. The implication of this research is that companies need to ensure the safety of whistleblowers in the whistleblowing system.
Uploads
Manajemen by Mochammad Fahlevi