Tourism Retribution as a Source of Local Revenue: Insights from Bone Bolango Regency

Purpose: This study aims to examine the contribution and growth rate of tourism retribution (including regional wealth retribution, special parking fees at tourist sites, and recreational area retribution) to locally-generated revenue (LGR) in Bone Bolango Regency, Gorontalo Province, Indonesia. The study also seeks to identify the challenges and opportunities in optimizing tourism retribution as a revenue source. Methodology: A quantitative research approach was applied. Data were collected from the Tourism and Creative Economy Office and the Central Bureau of Statistics of Bone Bolango Regency. The analysis involved calculating contribution and growth rate to assess the performance of tourism retribution.Findings: The research findings show that the contribution of tourism retribution to the Locally-generated revenue of Bone Bolango Regency from 2017 to 2021 was relatively low, ranging from 0.006% to 0.61%, with the highest contribution in 2019 at Rp465,573,000.00 (0.61%) and the lowest in 2017 at 0.006%. Additionally, tourism retribution receipts experienced significant fluctuations, with the highest growth rate of 391.58% in 2018, a sharp decline of -77.70% in 2020 due to the impact of the COVID-19 pandemic, and recovery reaching Rp328,340,005 with a growth rate of 216.30% in 2021. Novelty: This study offers a detailed analysis of tourism retribution as a revenue source. The findings emphasize the need to improve collection strategies to boost LGR, providing valuable insights for policymaking and future research aimed at optimizing local revenue generation

Empowering Immigrant Entrepreneurship Activities: Business Support and Cash Waqf for Immigrant Entrepreneurs Model

This study aims to shed a light on how Islamic finance can play a significant role in alleviating the challenges that IE experienced and improving the accessibility to fiscal sources and social integration of the Immigrant Entrepreneurs (IE) in the host country, especially Malaysia. The prominent challenges that the IEs are facing are the difficulties in accessing the capital to finance their business and the lack of knowledge of the local regulations. The findings lead to a model that aims to tackle the challenges that IE experienced via Business Support and Cash Waqf for IE Model (BS-WIEM). The BS-WIEM acts as a comprehensive initiative to bridge the resource disparity among IE in terms of funding accessibility and human capital development. This study attempts to construct the BS-WIEM based on the extensive literature review related to the challenges the IE experienced and waqf. This research can positively impact the development and funding of the IE in Malaysia. This study will provide insights to the government, waqf institutions, corporations, financial institutions, and policymakers about alternative funding options for IE businesses and start-ups in the host country. Less tension on the public spending by the government with the involvement of non-profit organizations. This conceptual paper only explores the literature; thus, no empirical analysis is available. More in-depth and comprehensive insights could be identified with the empirical studies. Future research on the regulatory and shariah perspective of the model should be done. The findings of this paper will offer a cash waqf model as an alternative to fund the development of entrepreneurship in Malaysia, especially for immigrants

Potensi Pasar Tradisional dalam Memajukan Ekonomi Lokal: Studi Kasus Pada Pasar Haji Sani Delta Pawan, Ketapang

Penelitian ini mengkaji relevansi pasar tradisional dalam memajukan perekonomian dan kesejahteraan masyarakat lokal dengan mengambil studi kasus Pasar Haji Sani Delta Pawan, Ketapang. Melalui pendekatan studi kasus, metode penelitian kualitatif digunakan. Data dikumpulkan melalui observasi partisipan, wawancara mendalam dengan 10 pedagang di pasar, 1 pejabat pemerintah, 5 pengunjung, serta kajian dokumen. Temuan menunjukkan bahwa Pasar Haji Sani memegang peran signifikan dalam perekonomian lokal dengan mempekerjakan 128 orang yang meliputi pedagang, penjaga parkir, dan petugas kebersihan. Pasar ini juga membantu menstabilkan harga dan selanjutnya menciptakan apa yang dikenal sebagai efek pengganda ekonomi bagi berbagai sektor lokal seperti pertanian dan transportasi. Secara ekonomi, para pedagang melaporkan pendapatan yang memungkinkan mereka memenuhi kebutuhan pokok, mengakses layanan kesehatan (BPJS), serta membiayai pendidikan tinggi anak-anak mereka. Selain keuntungan ekonomi, pasar berfungsi sebagai ruang sosial yang memungkinkan interaksi antarmasyarakat dari berbagai latar belakang sosial. Studi ini menekankan perlunya revitalisasi pasar tradisional untuk meningkatkan daya saing dan menarik minat konsumen dalam menghadapi persaingan pasar moder

Determinants of Liquidity in Islamic Banking: A VECM Analysis of Bank Muamalat (2008–2024)

Research Aims: This research aims to examine the impact of Third-Party Funds (DPK), Capital Adequacy Ratio (CAR), Non-Performing Financing (NPF), and inflation on the liquidity of Bank Muamalat over the period 2008–2024.   Design/methodology/approach: This research adopts a quantitative approach. The sample comprises quarterly financial reports of Bank Muamalat and inflation data from Bank Indonesia the period from 2008 to 2024, totaling 68 observations. The hypotheses were tested using the Vector Error Correction Model (VECM) with the aid of the EViews 12 software. Research Findings: The analysis shows that Third-Party Funds (DPK) consistently exert a positive and significant influence on the liquidity of Bank Muamalat in both the short and long term. This indicates that stable deposit growth is essential for maintaining and enhancing the bank’s liquidity position. Additionally, a strong Capital Adequacy Ratio (CAR) significantly contributes to liquidity by improving the bank’s risk management capacity and supporting sustainable growth and operational stability. Conversely, Non-Performing Financing (NPF) does not affect liquidity significantly in the short term, likely due to effective internal risk mitigation policies. However, in the long term, NPF has a positive impact on liquidity, suggesting that the bank’s strategic management of credit risk helps preserve liquidity despite rising non-performing assets

The Influence of Audit Quality and Capital Structure on Firm Performance with Earnings Management as a Mediating Variable

Purpose: This study aims to examine the effect of audit quality on company performance with earnings management as a mediating variable. These variables consist of audit quality, capital structure, firm performance, and earnings management. The uniqueness of this study lies in the use of mediating variables in earnings management. Methodology: The data source taken is the financial statements of service companies listed on the Indonesia Stock Exchange (IDX) in 2017-2023, which were obtained through the official IDX platform. By using the purposive sampling technique, this study collected 154 data for further analysis. Findings: The results of this study indicate that audit quality and capital structure have an effect on earnings management, earnings management has a negative effect on ROA and ROE, audit quality and capital structure have an effect on ROA and ROE, and audit quality and capital structure have a direct effect on both ROA and ROE, so earnings management cannot mediate the effect of audit quality and capital structure on firm performance (ROA and ROE). Novelty: This study combines the four variables (audit quality, capital structure, firm performance, and earnings management), which is still relatively rare, so there is an opportunity to explore new relationships and how quality audits can limit earnings management and ultimately improve company performance. Also, earnings management is often used to cover up the negative impacts of certain capital structures

Youth Empowerment Through Digital Marketing for UMKM Development in Ponggok Village, Mojo District, Kediri Regency

This community service program aims to empower the youth of Ponggok Village, Mojo District, Kediri Regency through digital marketing to enhance the development of local Micro, Small, and Medium Enterprises (MSMEs). The program utilizes an Asset-Based Community Development (ABCD) approach, which includes five phases: Discovery, Dream, Design, Define, and Destiny. The main focus is on equipping the youth with the skills necessary to utilize social media platforms like TikTok, Facebook, and Instagram for promoting MSME products. The results show a significant improvement in the digital marketing capabilities of the participating youth and MSME owners, leading to broader and more effective product promotion. This initiative not only empowers the youth but also contributes to the overall economic development of the community. The findings suggest that ongoing support and potential certification, such as halal and BPOM, could further enhance the product quality and market reach of local MSMEs

Prediksi Perubahan PDRB Kabupaten Sleman dengan Menggunakan Metode Markov Berdasarkan Data BPS Tahun 2021 – 2023

Penelitian ini bertujuan untuk memprediksi perubahan Produk Domestik Regional Bruto (PDRB) Kabupaten Sleman guna mendukung perencanaan pembangunan daerah yang berbasis data. Urgensi penelitian ini terletak pada pentingnya informasi ekonomi yang akurat dan prospektif bagi pemerintah daerah, pelaku usaha, serta masyarakat umum dalam menghadapi dinamika ekonomi lokal maupun global. Dalam konteks tersebut, metode Markov digunakan sebagai pendekatan kuantitatif untuk memodelkan transisi probabilistik status pertumbuhan ekonomi berdasarkan data historis. Data sekunder diperoleh dari Badan Pusat Statistik (BPS) Kabupaten Sleman tahun 2021–2023, dengan teknik analisis isi untuk menyusun matriks transisi dan simulasi prediktif. Hasil penelitian menunjukkan bahwa PDRB Kabupaten Sleman mengalami tren pertumbuhan positif, baik dalam nilai ADHB maupun ADHK, serta peningkatan PDRB per kapita, meskipun laju pertumbuhan ekonomi sedikit menurun. Dengan memanfaatkan metode Markov Chain, penelitian ini berhasil memetakan pola transisi status ekonomi dan memberikan prediksi arah perubahan PDRB yang dapat dijadikan dasar penyusunan kebijakan pembangunan jangka menengah, alokasi anggaran, serta pengembangan sektor-sektor unggulan. Selain memberikan kontribusi praktis terhadap kebijakan publik, penelitian ini juga memperkaya kajian akademik tentang penerapan metode Markov dalam analisis ekonomi regional

The The Analysis of PNM Mekar Syariah Financing Practices from the Perspective of Islamic Law in West Kalimantan

This study aims to evaluate the practice of lending money implemented by PT Permodalan Nasional Madani (PNM) Mekar Syariah in West Kalimantan, from the perspective of Islamic law. The phenomenon of capital needs for micro and small businesses is an important background for the birth of this Islamic financing institution. This study uses a qualitative approach with a field research method. Data were obtained through in-depth interviews, observations, and documentation which were then analyzed descriptively. The results of the study indicate that lending practices at PNM Mekar Syariah contain elements of Islamic financing contracts, but there are still several aspects that need to be adjusted to be fully in line with the principles of muamalah in Islam. This study recommends strengthening sharia supervision and ongoing guidance for customers to improve compliance with sharia values.

Analisis Pengaruh Fear of Missing Out dan Kepedulian Lingkungan terhadap Keputusan Investasi Hijau: Studi pada Generasi Z

Penelitian ini bertujuan untuk menganalisis pengaruh Fear of Missing Out (FoMO), literasi keuangan syariah, dan sikap peduli lingkungan terhadap keputusan investasi hijau. Investasi hijau dipahami sebagai bentuk investasi yang tidak hanya berorientasi pada keuntungan finansial, namun juga memperhatikan aspek keberlanjutan lingkungan. Generasi Z, yang dikenal sebagai generasi digital dan peduli isu sosial, menjadi fokus penelitian ini karena memiliki potensi besar dalam mendorong praktik investasi berkelanjutan. Penelitian ini menggunakan pendekatan kuantitatif dengan metode survei terhadap 155 responden Generasi Z. Teknik analisis yang digunakan adalah Partial Least Square–Structural Equation Modeling (PLS-SEM) dengan bantuan perangkat lunak SmartPLS 4. Hasil penelitian menunjukkan bahwa FoMO, literasi keuangan syariah, dan sikap peduli lingkungan berpengaruh positif dan signifikan terhadap keputusan investasi hijau. Temuan ini memperkuat teori Social Cognitive Theory yang menyatakan bahwa perilaku dipengaruhi oleh interaksi antara faktor personal, lingkungan sosial, dan kognitif. Penelitian ini memberikan kontribusi teoretis dalam memperluas kajian perilaku keuangan dan kontribusi praktis dalam merancang strategi edukasi dan promosi investasi hijau yang tepat sasara

Military Expenditure and Sustainable Economic Growth in Latin America.

This research seeks to thoroughly examine the interconnectedness and directional influence between military spending and sustainable economic growth while considering the role of gross fixed capital formation (investment) as a controlling factor. Drawing on a comprehensive dataset from 13 distinct Latin American economies, spanning the extensive time frame of 1990 to 2019, the study investigates the patterns of cointegration and causal relationships within the variables. The results of the cointegration analysis do not provide substantial support for the existence of a strong and enduring relationship between all the examined variables over the long term. Notably, the research identifies a unidirectional causality running from (i) economic growth to military expenditure, (ii) economic growth to investment, and (iii) investment to military expenditure. This suggests a complex interplay between economic dynamics, investment patterns, and military spending behaviors in the context of Latin American economies, highlighting the need for a nuanced understanding of the underlying causal mechanisms at play. Moreover, it is necessary to consider national and international policies to promote sustainable development in countries, given it produces benefits for investment, safety, and security. As nations strive for sustained development, the research underscores the need for policymakers to grapple with the intricate implications of military expenditure on economic and investment landscapes. This holistic perspective advocates for a balanced and inclusive approach, cognizant of the multifaceted challenges and opportunities that characterize the evolving socio-economic and geopolitical landscape of the region