Claim Missing Document
Check
Articles

Found 2 Documents
Search

Diaspora Networks as a Financial Catalyst: Navigating Global Markets for Kediri’s SMEs in the Netherlands and Australia Andy Chandra Pramana; Sudarmiatin; Heri Pratikto
RISK : Jurnal Riset Bisnis dan Ekonomi Vol. 7 No. 1 (2026): Mei 2026
Publisher : Universitas Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30737/risk.v7i1.7605

Abstract

This study analyzes how diaspora networks serve as financial catalysts for 47 Micro, Small, and Medium Enterprises (MSMEs) in Kediri, focusing on the culinary and creative industry sectors. The research explores combining domestic resources with global diaspora networks to mitigate financial constraints during internationalization. A qualitative approach with a multi-case study design was employed. Data was triangulated using semi-structured interviews, digital and field observations, and document studies , and was subsequently analyzed via Cross-Case Synthesis. The findings reveal that diaspora networks in the Netherlands and Australia act as crucial "financial bridges" utilizing bonding, bridging, and linking social capital. Specifically, the Dutch diaspora predominantly supports culinary MSMEs through bonding social capital to help meet European food standards , while the Australian diaspora aids creative industries through bridging social capital by acting as business intermediaries. Digital capabilities and FinTech integration significantly strengthen these connections, enabling real-time capital flow , reducing international transaction costs , and mitigating information asymmetry. In conclusion, diaspora networks provide "patient capital" that successfully lowers the cost of capital and diversifies funding sources for local enterprises. To ensure sustainable integration into global markets, MSMEs must prioritize advancing their digital capabilities and maintaining strict product standardization. 
Exploring the Link Between Profitability and Dividend Policy in Manufacturing Firms Dyah Arini Rudiningtyas; Andy Chandra Pramana; Nurika Restuningdiah
Journal of Digital Economy and Management Practices Vol. 1 No. 1 (2025)
Publisher : Asosiasi Dosen Peneliti Ilmu Ekonomi Dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54099/jdemp.v1i1.547

Abstract

Purpose – This paper aims to examine the moderating effect of ownership structure on the connection among profitability and dividend policy in manufacturing entities listed on the Indonesia Stock Exchange during the period 2012–2021. Methodology/approach – A quantitative approach was employed using secondary data from 141 purposively selected manufacturing firms, totaling 1,117 firm-year observations. The analysis utilized Pure Moderation and Moderated Regression Analysis (MRA) to test the interactions between profitability, ownership structure, and dividend policy. Findings – The results show that profitability and liquidity significantly and positively influence dividend policy, while leverage has a negative effect. Managerial ownership weakens dividend distribution, suggesting a preference for internal financing through retained earnings. In contrast, institutional ownership strengthens the connection among profitability and dividend policy, acting as a monitoring mechanism that supports shareholder-aligned dividend decisions. Novelty/value – This study contributes to the literature by highlighting the differentiated roles of ownership structure in shaping dividend policy outcomes. It underscores the strategic importance of aligning governance mechanisms with financial performance to ensure sustainable dividend practices.