Rumah Jurnal ISNJ Bengkalis - Institut Syariah Negeri Junjungan Bengkalis
Not a member yet
519 research outputs found
Sort by
Corporate governance as a market signal in sharia stock pricing: evidence from Jakarta Islamic Index 70
Full text linkPurpose – This study aims to analyse the effect of corporate governance on sharia stock prices in the Jakarta Islamic Index 70 (JII 70), a benchmark index of the 70 most liquid sharia-compliant stocks on the Indonesia Stock Exchange (IDX). Method – The research investigates five governance mechanisms (CEO duality, executive turnover, independent auditor, institutional ownership, and executive compensation) with ROA and firm age as control variables. A quantitative approach uses panel data regression on 115 companies from 2019 to 2023. The Fixed Effects Model (FEM) was selected as the best model, and a robustness test with Tobin's Q confirmed the stability of the relationships. Findings – The findings reveal that CEO duality and independent auditor positively affect stock prices, while executive compensation has a negative effect. Executive turnover and institutional ownership show no significant impact. Implications – These results support signalling theory, indicating that good governance sends positive signals to investors, enhancing trust in sharia-compliant firms. Practically, this study aids sharia investors in evaluating governance mechanisms and assists regulators in enhancing market transparency
The moderation of intellectual capital in the relationship enterprise risk management and CSR toward company value
Full text linkPurpose – This study aims to find empirical evidence of the influence of enterprise risk management (ERM) and corporate social responsibility (CSR) on company value and the moderating role of intellectual capital. Method – This study uses a quantitative panel data regression method with a causal associative approach. The population in this study was manufacturing companies registered with Indonesian Sharia Stock Index (ISSI) in 2021-2023, totaling 98 companies. The research sample was filtered using a purposive sampling technique with several predetermined criteria to obtain a sample of 58 companies. Panel data collection was obtained from financial reports published through the website www.idx.co.id. Data analysis used multiple regression and moderation regression analysis (MRA) testing with the EViews 12 statistical tool. Findings – The results show that enterprise risk management negatively affects company value, while corporate social responsibility positively affects company value. Intellectual capital strengthens the relationship between enterprise risk management and company value. Intellectual capital weakens the relationship between CSR and company value. Implications – This study can advance the relevance of current theories and become a reference for further research, especially on company value. This research can be a reference for manufacturing companies advancing ERM and CSR best practices to increase company value
Permainan Congkak Sebagai Penguatan Ekonomi Berbasis Warisan Budaya Lokal
Full text linkCongklak adalah permainan yang kaya akan nilai edukatif dan sosial, menjadikannya lebih dari sekadar hiburan. Permainan Congkak Desa Muntai bertujuan untuk memperkenalkan dan mempromosikan permainan tradisional Congkak sebagai sarana peningkatan ekonomi masyarakat melalui pelestarian budaya lokal. Metode pengabdian ini metode diskusi, sosialisasi dan edukasi, pelatihan praktis, pengembangan produk kreatif, kompetisidan festival, kerja sama dengan pihak terkait dan evaluasi. Hasil pengabdian ini menunjukkan bahwa permainan congkak dapat peningkatan kesadaran akan pentingnya melestarikan warisan budaya lokal, Penguatan ekonomi lokal berbasis warisan budaya lokal dan membangun keterlibatan komunitas yang lebih kuat, di mana masyarakat saling berinteraksi dan bekerja sama dalam melestarikan budaya. kegiatan ini tidak hanya berfokus pada aspek ekonomi, tetapi juga pada pelestarian budaya dan penguatan komunitas di Desa Munta
Pelatihan Pengunaan Aplikasi Publish or Perish (PoP) Sebagai Upaya Meningkatkan Kualitas Referensi dalam Penulisan Karya Tulis Ilmiah Mahasiswa
Full text linkPelatihan Publish or Perish (PoP) bagi mahasiswa PGSD Bone FIP UNM bertujuan meningkatkan kualitas referensi karya ilmiah mahasiswa melalui pengoptimalan pencarian dan pengelolaan referensi akademik. Kegiatan ini dilaksanakan dalam tiga tahap utama: (1) pengenalan fitur dan fungsi aplikasi, (2) praktik langsung pencarian literatur dan analisis sitasi, serta (3) evaluasi komprehensif. Metode pelatihan mengombinasikan demonstrasi, praktik mandiri, dan diskusi interaktif. Hasil evaluasi menunjukkan peningkatan kemampuan peserta dalam mengidentifikasi dan memanfaatkan referensi berkualitas, yang berdampak positif pada kualitas karya tulis ilmiah mereka. Pelatihan ini tidak hanya meningkatkan kompetensi teknis mahasiswa tetapi juga memberikan dasar untuk pengembangan program berkelanjutan guna mendukung budaya penelitian berbasis bukti. Rekomendasi utama mencakup perluasan durasi pelatihan dan pengembangan modul lanjutan untuk pemantapan keterampilan
Entrepreneurial culture, personal character, emotional intelligence toward improves entrepreneurs’ independence
Full text linkPurpose – This research aims to test and analyze whether personal character and emotional intelligence mediate entrepreneurial culture on the independence of cigarette entrepreneurs in Pamekasan, Madura. Method – This type of research is quantitative research with an associative approach. Data was collected using a questionnaire, and the research objectives were cigarette entrepreneurs in all sub-districts in Pamekasan Madura Regency. The population in this study was 1262 people, and the sample was 126 entrepreneurs. Purposive sampling techniques were used with predetermined criteria. Testing research hypotheses using AMOS SEM. Findings – The research results show that entrepreneurial culture positively affects entrepreneurial independence. Entrepreneurial culture positively affects personal character. Entrepreneurial culture positively affects emotional intelligence. Personal characters cannot mediate the influence of entrepreneurial culture on entrepreneurial independence. Emotional intelligence cannot mediate the influence of entrepreneurial culture on entrepreneurial independence. Implications – Theoretical implications have contributed to expanding scientific knowledge regarding the theory of entrepreneurial culture to increase business independence. Practical implications of the culture of the surrounding community need to be preserved because it influences increasing independence through personal character, namely thinking before acting, daring to take risks for future life and emotional intelligence, and the ability to recognize one's own emotions and the emotions of others
The impact of sharia financing on economic growth and key economic indicators in Sulawesi
Full text linkPurpose – This study aims to analyze the impact of sharia financing on economic growth (GDP), inequality, poverty, productivity, and school participation rates in the province of Sulawesi, Indonesia. Method – This study uses a quantitative approach with a data panel regression method and a fixed effects model. The data used included data from the annual report published by the Central Statistics Agency (CSA) and the Financial Services Authority (FSA) for the 2015-2023 period from 6 provinces in Sulawesi, with 54 observational data. Findings – The study results show that sharia financing positively affects economic growth (GDP), poverty, productivity, and school participation in Sulawesi. However, sharia financing does not affect income inequality. Overall, these findings indicate that sharia financing can drive more inclusive and sustainable economic growth. Implications – The implications of these findings contribute to the theory of sharia finance by enriching the literature on the role of inclusive finance that can support social justice and equitable economic growth. From a practical point of view, these findings demonstrate the need for governments and financial institutions to prioritize a fairer distribution of sharia financing, especially in underserved areas, to help reduce poverty and inequality and increase economic growth, productivity, and access to education
Islamic banking performance: the interplay of governance, Islamicity performance, and social disclosure
Full text linkPurpose – This study investigates the influence of Islamic corporate governance (ICG) and the Islamicity performance index (IPI), as proxied by the profit-sharing ratio (PSR), zakat performance ratio (ZPR), and equitable distribution ratio (EDR), on the financial performance of Islamic banks in Indonesia. Furthermore, this study examines the moderating role of Islamic social reporting (ISR) in these relationships. Method – Employing a quantitative approach, this research utilizes secondary data obtained from the Financial Services Authority (FSA) of Indonesia and the official websites of Islamic banks. The sample comprises 10 Islamic commercial banks operating in Indonesia from 2019–2023. The study applies moderated regression analysis (MRA) to assess the proposed relationships. Findings – The findings reveal that, individually, both ICG and EDR positively and significantly influence financial performance, whereas PSR does not exhibit a significant effect. In contrast, ZPR demonstrates a negative and significant impact on financial performance. Moreover, ISR moderates the relationships between ICG, ZPR, and EDR with financial performance, while its moderating effect is not observed in the relationship between PSR and financial performance. ISR strengthens the impact of ICG and the IPI on Islamic banks' financial performance, enhancing the understanding of governance and performance in Islamic finance. Implications – The theoretical implication highlights ISR's role in enhancing ICG and IPI's impact, and the practical implication emphasizes its importance in boosting transparency and trust in Islamic banking
Optimizing MSME sustainability through digital marketing, innovation, and financial literacy with financial technology support
Full text linkPurpose – This study aims to analyze the influence of digital marketing, business innovation, and financial literacy on the sustainability of MSMEs in Malang City, with financial technology (fintech) adoption as a mediating variable. Method – This study is a quantitative research with primary data in the form of a questionnaire. Using a purposive sampling technique, data were collected from 120 MSME actors in the culinary, fashion, crafts, and creative services sectors. Analysis was conducted using structural equation modeling–partial least squares (SEM-PLS) via SmartPLS 4.0. Findings – The results show that digital marketing, business innovation, and financial literacy positively and significantly affect MSME sustainability. Financial technology adoption also directly influences sustainability and significantly mediates the relationship between digital marketing and sustainability. However, it does not significantly mediate the relationship between business innovation or financial literacy and sustainability, indicating the need for better alignment between innovation and financial knowledge with financial technology usage. Implications – Theoretically, this study enriches the literature by integrating organizational innovation theory and the technology acceptance model (TAM), offering a comprehensive model of MSME sustainability. Practically, the findings guide MSME actors in strengthening digital marketing strategies and adopting financial technology-based financial management. Local governments are encouraged to implement integrated digital and financial literacy programs, while financial technology providers are advised to improve user education and experience for MSMEs, especially those less familiar with technology. These findings provide actionable insights for building inclusive, tech-savvy, and sustainable MSMEs in the digital economy
Determinants of inclusive economic growth in Indonesia moderated by the open unemployment rate
Full text linkPurpose – This study intends to find empirical evidence regarding the influence of the democracy index, government expenditure on education, and income inequality on inclusive economic growth moderated by the open unemployment rate. Method – This research employs a quantitative methodology with panel data regression. Utilizing secondary data from Indonesia's report on inclusive economic growth. The data was generated in numerical form from 33 provinces in Indonesia from 2019 to 2023. In this study, the number of observation data or samples used is 165. The data analysis used is the panel data regressions and moderated regression analysis (MRA) method with EViews 12. The selected model is the fixed effect model because of the Chow and Hausman tests. Findings – The research findings indicate that the democracy index and open unemployment rate negatively affect inclusive economic growth. Meanwhile, government expenditure on education positively affects inclusive economic growth. In contrast, income inequality does not affect inclusive economic growth. The open unemployment rate can strengthen the effect of government expenditure on education on inclusive economic growth. However, the open unemployment rate does not moderate the relationship between the democracy index and income inequality on inclusive economic growth. Implications – The study findings contribute to the scientific understanding of inclusive economic growth determinants in Indonesia, a moderate and low-income nation. This research can be a reference for the government in making policies and increasing justice in various fields, such as politics, social issues, and education
Circular causality model: the relationship between GCG, CSR, intellectual capital, financial risk, and Islamic financial performance
Full text linkPurpose – This study aims to investigate the effects of good corporate governance (GCG), corporate social responsibility (CSR), intellectual capital (IC), financial risk, and sharia financial performance using the circular causality model in Indonesian Islamic banking. Method – The research population consisted of Islamic commercial bank (ICB) published by Bank Indonesia from 2015 to 2020. Purposive sampling was applied to select 48 annual reports from various Islamic banks. These reports were analyzed through the circular causality framework by examining causal relationships between variables using simultaneous equations and the dynamic two-stage least squares (2SLS) method with EViews 9 software. Findings – The results indicate that GCG negatively impacts Islamic financial performance. Similarly, CSR negatively affects financial performance, whereas IC shows no significant effect. No bidirectional influence was found between GCG and IC. Likewise, GCG and CSR do not influence each other. Neither GCG nor financial risk showed mutual effects. CSR and IC were not significantly related, but CSR and financial risk negatively affected each other. There was no influence between IC and financial risk. Implications – This study offers theoretical contributions by applying the circular causation approach (TSR), providing updated methodologies and managerial insights, and supporting FSA in developing performance indices for Islamic finance based on performance size ratios