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DO INDIVIDUAL CHARACTERISTICS IMPACT WILLINGNESS TO PAY FOR HALAL FOOD? Wibawa, Berto Mulia; Bramanti, Geodita Woro; Pranindyasari, Chelsia
Journal of Halal Research, Policy, and Industry Vol. 1 No. 2 (2022): Journal of Halal Research, Policy and Industry
Publisher : UNIVERSITAS NAHDLATUL ULAMA SURABAYA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33086/jhrpi.v1i2.3748

Abstract

Eating halal foods is considered an essential part of Islamic practice, as it is compulsory to be a way to maintain physical and spiritual purity. In addition, Muslims are encouraged to consume halal foods as they are believed to benefit their overall well-being and help them maintain a healthy and balanced diet. This study aims to determine the effect of religiosity, religious commitment, and subjective norms on the willingness to pay for halal food. Equipped with purposive random sampling techniques, an online survey with 150 respondents was used to collect the data. The data obtained were then analyzed using Partial Least Square (PLS). This study's findings demonstrate a significant positive influence between religiosity, subjective norms, and religious commitment on willingness to pay for halal food.
ANALYSIS OF VARIABLE CALCULATION ON STARTUP ASSESSMENT : CASE STUDY PT XYZ Bramanti, Geodita Woro; Gogor Arif Handiwibowo; Xaviera, Ameerah Rida; Agustin, Harisatul; Ninglasari, Sri Yayu; Negoro, Nugroho Priyo; Prihananto, Prahardika
Journal of Research and Technology Vol. 9 No. 2 (2023): JRT Volume 9 No 2 Des 2023
Publisher : 2477 - 6165

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55732/jrt.v9i2.1105

Abstract

Economic growth in Indonesia is increasing rapidly. In Indonesia, the growth of startups is increasing along with the continued development of the digital industry. The emergence of startups in Indonesia began in 2010 which was pioneered by the presence of startups Tokopedia and Blanja.com. PT. XYZ as a state-owned enterprise supports the development of startups by providing digital creative facilities, funding, and expanding market access, specifically to accelerate their industrial growth. The amount of funding that PT XYZ will provide to startups also varies according to the startup development stage and the company value (valuation) of the startup. The valuation calculation that is currently being carried out by PT. XYZ is by using the First Chicago method as the calculation method. However, in its application, there are still several calculation components that have not been standardized. The absence of standards for some of the components of this calculation can affect the size of the calculated startup valuation figures. This will have an indirect impact on startups, investors and stakeholders. Therefore, this study aims to analyze the standard setting on the three components of valuation calculations or business appraisals at startups carried out by PT. XYZ and to establish improvement evaluation standards for determining the three components of calculations in the first Chicago method. In this study, the results of the startup assessment are the dependent variable while the annual average growth rate, stock value size and discount rate are the independent variables. The sample population used in this study were startups who became alumni of PT. XYZ. The analytical method used is using linear regression.
Managerial Ability and ESG Performance: A Panel Data Analysis of Non-Financial Companies on The Indonesia Stock Exchange (2018-2021) Bramanti, Geodita Woro; Hakim, Andi; Ninglasari, Sri Yayu; Wibawa, Berto Mulia; Nareswari, Ninditya; Kunaifi, Aang; Handiwibowo, Gogor Arif
Journal of Research and Technology Vol. 10 No. 1 (2024): JRT Volume 10 No 1 Juni 2024
Publisher : 2477 - 6165

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55732/jrt.v10i1.1373

Abstract

The rising implementation of Environmental, Social, & Governance (ESG) practices by companies indicates a growing commitment to responsible operations. The surge in assets allocated to ESG-focused ETFs is evident, as global investments have grown to $391 billion by 2021, a substantial increase from a mere $5 billion in 2006. Furthermore, Indonesia has witnessed a substantial surge in the number of investors who are actively engaged with companies that comply with ESG criteria. The efficacy of implementing ESG practices is intricately linked to the proficiency and expertise of managers, particularly in their decision-making and disclosure strategies. This study employed panel data regression methods to examine data from 825 non-financial companies that were publicly traded on the Indonesia Stock Exchange between 2018 and 2021. The insights were acquired utilizing the Fixed Effect Model methodology. The results indicate that the proficiency of managers does not exert a noteworthy influence on the ESG performance of companies that prioritize short-term financial benefits and exhibit limited understanding of ESG concerns, especially in sectors other than energy. Hence, it is imperative to foster effective leadership to steer companies towards holistic and sustainable strategies that transcend immediate gains, while prioritizing enduring impact and societal responsibility.