SRN Intellectual Journals
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Sustainable Aquaculture in Southeast Maluku: A Strategic Plan for Seaweed Cultivation
The seaweed cultivation management plan in Southeast Maluku is designed to improve community welfare by strengthening the aquaculture sector, which holds significant potential for economic growth in the region. This plan adopts a participatory approach, involving local communities in identifying their needs, aspirations, and the market potential for seaweed-based products. Such an approach ensures that development strategies are aligned with community interests and grounded in local realities. Key components of the plan include the establishment and strengthening of cooperatives, capacity-building initiatives through farmer training programs, and the enhancement of marketing strategies for seaweed products. Cooperatives are expected to play a central role in facilitating collective action, improving access to resources, and increasing bargaining power. Training programs aim to enhance the technical skills of seaweed farmers, ensuring higher productivity and better product quality. Improved marketing is intended to connect producers with wider markets, increase product visibility, and raise the competitiveness of seaweed products both locally and nationally. By focusing on institutional development, human resource empowerment, and market access, the plan is expected to generate higher added value from seaweed production. This, in turn, will contribute to increased household incomes, job creation, and broader regional economic development. Overall, the seaweed cultivation management plan represents a comprehensive, community-driven effort to promote sustainable aquaculture, improve livelihoods, and support long-term economic resilience in Southeast Maluku
Regulatory Quality, Rule of Law and Foreign Direct Investment Inflows: Evidence from the Economic Community of West African States
In literature, the role of institutions in stimulating FDI inflows has been documented. This study examined the contributions of two institutional-quality variables, regulatory quality and the rule of law, in attracting FDI in the Economic Community of West African States (ECOWAS). The study used an annual series covering the period from 2000 to 2020 using three different estimation techniques: the panel ARDL, the panel FMOLS, and the panel DOLS. Findings reveal that while the rule of law had a negative and significant impact on FDI inflows under the panel ARDL and FMOLS, the impact of regulatory quality was negative and significant under the panel ARDL and DOLS. The short-run ARDL results revealed that only the population growth rate positively and significantly impacted FDI inflows. However, in the long run, findings showed that while the population growth rate had a positive and significant impact on FDI inflows under the ARDL, the impact of GDP was positive and significant in all the models. The exchange rate was also found to negatively and significantly impact FDI inflows in all the models. The study consequently recommends building strong institutions through collaboration among the member countries while improving human capital and economic growth
Factors Affecting Personal Investment in Mutual Funds via Mobile Applications: An Empirical Analysis
Investing in mutual funds involves delegating financial decisions to an investment manager, and technological advances have made investments accessible on mobile platforms, providing various convenient features. This research empirically investigates whether individuals\u27 behavior to invest in mutual funds on mobile platforms is still influenced by intention, possessing adequate financial literacy, and investment experience. Utilizing the construct Theory of Reasoned Action (TRA), the scale measured consists of 22 indicators related to the selected constructs and variables. Data were collected from 237 individual respondents from Indonesian society who have or have never invested in mutual funds on mobile platforms. PLS-SEM was used for statistical analysis. The findings reveal that attitudes, subjective norms, and financial literacy positively impact intention. Then, intention, financial literacy, and experience strongly influence individuals to invest in mutual funds via mobile platforms. This indicates that investing in mutual funds on mobile platforms is still based on strong intentions, adequate financial literacy, and experience in investing. The findings of this research will contribute to understanding individual behavior in investing, especially in using technology in investment. Furthermore, the important findings in this research can provide valuable guidance for policymakers, such as governments, Indonesian stock exchanges, and investment managers
Analyzing the Social License Index of the PT. Indonesia Asahan Aluminium Hydropower Plant in Toba Regency
This study investigated the social license and stakeholder relationships of PT. Indonesia Asahan Aluminium (INALUM) in North Sumatra using the Social License Index (SLI). The SLI provides a systematic analysis of social licenses and offers insights into the company-stakeholder relationship, including factors affecting operational sustainability. This research was conducted in PT. INALUM industrial region in North Sumatra, focusing on the surrounding geographical area. The study population was comprised of individuals representing various aspects that were directly and indirectly involved in the company\u27s operations. Data collection involved surveys and in-depth interviews with 54 informants from diverse backgrounds, including the private sector, local government officials, religious leaders, labor representatives, academics, and community members. Results from Business and Government perspectives indicate that PT. INALUM is perceived as a reliable partner that contributes positively to local economic development and social programs. However, the Civil Society Organization (CSO) perspective revealed persistent challenges in company-CSO interactions. This research emphasizes the importance of enhancing communication, engagement, and transparency in a company\u27s relationship with CSOs. The study found that PT. INALUM\u27s SLI level reached a satisfactory level in terms of gaining support and trust, with the SLI level reaching co-ownership. This indicates that the company is an integral community partner with solid support levels and close partnerships. In conclusion, PT. INALUM has established strong social support and trust among various stakeholders. Despite positive assessments of local economic development and social programs, challenges related to CSO interactions persist. To further strengthen support levels, improved communication, engagement, and transparency with CSOs are recommended
Analysing the Effect of Climate Change and Green Stocks on Economic Growth: Evidence from Indonesia and Malaysia
Contemporary economic growth shows a direct correlation between energy consumption and productivity. As economic development and technological advancements enhance living standards, the demand for natural resources and energy has concomitantly increased. This investigation examines the impact of climate change and green stocks on economic growth and the causal relationships among these variables in Indonesia and Malaysia over short- and long-term periods. Climate change has resulted in a downward trend in economic growth fluctuations, underscoring the necessity for green finance to mitigate the effects of climate change. The study employs the Autoregressive Distributed Lag (ARDL) model and Granger Causality test, analysing data on carbon emissions, green stocks, and gross domestic product from 2016-2022 (quarterly). The findings indicate that, in the short term, only green stocks positively influence economic growth in Indonesia and Malaysia. In the long run, climate change and green stocks positively affect economic growth in these countries. Economic growth demonstrates a unidirectional causal relationship with climate change, whereas climate change exhibits a unidirectional causal relationship with green stocks. This implies that green stock can mitigate climate change risks in Indonesia and Malaysia. It is recommended that the central bank consider implementing an environmentally sustainable financial system to promote economic growth
The Effect of Domestic Investment, Foreign Investment, Labor, Unemployment, Human Development Index, and Inflation on Poverty in Indonesia
Indonesia continues to contend with elevated levels of poverty, reflecting the diminished well-being experienced by a segment of its population. Various socio-economic factors influence the poverty rate. It is hypothesized that domestic and foreign investments, workforce participation, and the Human Development Index (HDI) could reduce poverty, while unemployment and inflation might exacerbate it. However, previous research has not reached a consensus on these relationships. This study examines the impact of domestic and foreign investments, labor force, unemployment, HDI, and inflation on poverty levels in Indonesia. The research employs panel data regression analysis, utilizing data from 34 Indonesian provinces spanning 2006 to 2022. The findings indicate that the fixed effect model is the most appropriate for this analysis. The study concludes that domestic investment, foreign investment, and labor force have a significant negative correlation with poverty. Conversely, unemployment demonstrates a significant positive relationship with poverty rates. Notably, the HDI and inflation do not significantly affect poverty in Indonesia. To address these issues, the Indonesian government should focus on enhancing domestic and foreign investor confidence by improving legal certainty and offering various incentives to stimulate investment. Furthermore, the government must prioritize improving education and healthcare services to elevate HDI and alleviate poverty
Lane Widening for Maintenance Sustainable Road Performance in Archipelago: A Bibliometric Analysis
This bibliometric study analyzes global research on the impact of lane widening for maintaining road performance in archipelagic regions sustainably, covering the period from 2000 to 2023. The research was collected using the Publish or Perish application and processed in the Research Information Systems (RIS) format through the VOSviewer application. The data set comprises 1,000 studies, including 551 research journals, 287 books, 114 conference components, 38 articles, 3 datasets, 3 monographs, and 4 reports. The study identifies "safety road" and "traffic data" as the most prevalent keywords, with various other related keyword networks also emerging. The analysis reveals a growing trend in research on lane widening and road performance across different global regions, indicating increasing interest in sustainable road management strategies, particularly in archipelagic and island contexts. The study highlights how the field has evolved over the last two decades by mapping the connections between key terms and studies. The findings suggest that lane widening to maintain road safety and performance is a significant area of focus in road infrastructure research. Furthermore, the study emphasizes the potential for these findings to contribute to developing future sustainable transportation solutions. The study provides a comprehensive literature source and highlights opportunities for further studies in sustainable road infrastructure development, especially within the unique challenges of archipelagic environments
A Study of Implementation of Special Autonomy Law: An Evidence from Post Peace Conflict of Aceh, Indonesia
After the Tsunami in Aceh, the conflict between the Free Aceh Movement (GAM) and the Government of Indonesia, which had persisted for over three decades, was resolved. This resolution was achieved when both parties agreed to implement asymmetric decentralization or special autonomy in Aceh. The implementation of Special Autonomy is governed by Law Number 11 of 2006 concerning the Government of Aceh, specifically regarding the use of the Flag and Emblem for Aceh. This study investigates the factors contributing to the divergence in opinions between the Central Government and the Government of Aceh concerning Qanun No. 3 of 2013 regarding the Aceh Flag and Coat of Arms. This research employed a qualitative approach and conducted in-depth interviews with 15 participants. The findings revealed that the conflict between the Central Government and the Aceh Government regarding the Aceh Flag and Coat of Arms stems from differing perceptions and interpretations of the Crescent Star flag and Bouraq-Lion symbol, which bear resemblance to the flag and logo used by the Aceh Movement. Merdeka (GAM) and Government Regulation Number 77 of 2007 concerning Regional Emblems. Conflict resolution has reached an impasse, as both parties involved maintain their respective positions. This deadlock resulted in the unauthorized display of the crescent and star flag by Acehnese citizens, a decline in Acehnese support for the Aceh Party, and the strengthening of potential regional disintegration in Aceh. This study suggests that the implementation of special autonomy as part of the consensus on conflict resolution may be compromised if the previous agreement is not upheld
Investigating the Quick Response (QR) Code Application in Internal Audit Report: Unqualified Opinion vs Unqualified Without Inspection
This study examines the implementation of Quick Response (QR) codes in Independent Auditor\u27s Reports (IARs) and explores the discrepancy between "Unqualified Opinion" and "Unqualified Without Inspection." Using a qualitative case study approach, semi-structured interviews were conducted with public accountants in Surabaya, Indonesia. The research reveals that QR codes serve as technological safeguards, enabling rapid verification of IAR authenticity and traceability. While the auditing community strongly supports this innovation, viewing it as a significant advancement in combating forgery, the study highlights that QR codes are not an absolute solution. Their effectiveness ultimately depends on individual practitioners\u27 ethical conduct. The persistence of fraudulent activities despite technological advancements underscores the need for a multifaceted approach combining technological solutions with robust ethical training and professional development programs. The research concludes that QR code implementation must be complemented by ongoing efforts to strengthen the auditing profession\u27s ethical foundation. It emphasizes the importance of continuous monitoring and enforcement by regulatory bodies to ensure compliance and maintain public trust in financial reporting. This study contributes to understanding technological innovations in auditing practices and their implications for professional integrity and accountability
Optimization of the Energy Monitoring System for Continuous-Process Industrial Enterprises
In the context of growing demand for efficiency, resilience, and sustainability in industrial energy usage, optimizing monitoring systems has become a critical priority. This paper develops and tests a data-driven approach to enhance energy monitoring in continuous-process industries, with a case study of a large-scale water supply enterprise in the Khorezm region of Uzbekistan. The proposed methodology integrates statistical distribution analysis, correlation mapping, and logical process modeling to capture both quantitative relationships and the physical dynamics of operations. Unlike traditional systems that rely on isolated parameters or manual interpretation, the new model embeds process logic into digital platforms, thereby reducing human dependency, minimizing error, and improving response time. The results demonstrate that the modular framework enables more accurate identification of key parameter interdependencies, supports predictive forecasting of energy consumption, and allows for real-time adjustment through ensemble machine learning submodules. In the water supply case, the system successfully differentiated between operational and idle energy usage, optimized pump loads, and provided early detection of anomalies. These improvements translate into enhanced energy efficiency, reduced operational costs, and greater reliability of supply. The study concludes that integrating physical process logic with statistical modeling not only improves monitoring accuracy but also supports the deployment of digital twins and adaptive control systems aligned with Industry 4.0. Policy implications highlight the potential for broader adoption of such models across industrial sectors, particularly in contexts where energy sustainability and infrastructure resilience are national priorities. This approach offers a scalable pathway toward smarter, more sustainable industrial energy management