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Legal Certainty in Green Bonds: The Role of Coherence, Legitimacy, Economic Benefits, and Government Authority Hutahayan, Benny; Fadli, Moh.; Amimakmur, Satria Amiputra; Dewantara, Reka; Tumanggor, Manumpan S.; Djajadikerta, Hadrian Geri
Jurnal Hukum Vol 40, No 2 (2024): Jurnal Hukum
Publisher : Unissula

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26532/jh.v40i2.40596

Abstract

This study explores the critical factors shaping legal certainty in green bond issuance, focusing on the roles of coherence in bond issuance objectives, legislative legitimacy, economic benefits, and governmental authority. Legal certainty is essential in fostering investor confidence, reducing risks such as greenwashing, and ensuring compliance with environmental and regulatory standards. The research employs Partial Least Squares Structural Equation Modeling (PLS-SEM) to analyze data collected from institutional investors with a recommended sample of 300 participants, revealing that economic benefits have the most significant impact on legal certainty, followed by governmental authority, legislative legitimacy, and coherence of objectives. The results underscore the importance of clear and measurable objectives in green bond issuance, transparency in the legislative process, and consistent governmental oversight. These findings highlight the need for robust legal frameworks that ensure both environmental sustainability and financial stability. The study's implications suggest that policymakers and regulators must prioritize the harmonization of green bond regulations to promote cross-border investments and long-term market growth.
Emerging Trends in Rural Governance: A Bibliometric Analysis of Policies and Strategies for Developing Underprivileged Villages Susanto, Yandri; Suwarno, Suwarno; Hutahayan, Benny
Lex Publica Vol. 11 No. 2 (2024)
Publisher : APPTHI

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58829/lp.11.2.2024.270

Abstract

This study investigates emerging trends in rural governance, focusing on policies and strategies for the development of underprivileged villages. A bibliometric analysis of relevant publications from 2020 to 2024 was conducted to identify key patterns and trends in rural governance research. The findings highlight the significance of decentralization, community empowerment, and participatory governance in enhancing rural development. Key challenges, such as poverty, geographic isolation, and limited infrastructure, are emphasized as barriers to sustainable growth in underprivileged villages. The study also explores the role of leadership, stakeholder engagement, and digital technologies in improving governance capacity. A holistic approach integrating evidence-based policy-making, local community involvement, and technological advancements is recommended to address these challenges. The research offers insights into the global context of rural governance, with Indonesia emerging as a key focus for development strategist.
The Influence of Work Motivation and Competence on Employee Performance Through Employee Engagement Ramadhan, Dany Fauzan; Prasetya, Arik; Hutahayan, Benny
Profit: Jurnal Adminsitrasi Bisnis Vol. 19 No. 2 (2025): Profit: Jurnal Administrasi Bisnis
Publisher : FIA UB

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.profit.2025.019.02.2

Abstract

Human resources are a valuable asset for an organization. Hence, it must be maintained, and various possibilities that could impact achieving the organization's goals should be avoided. Performance is a crucial factor in achieving organizational goals as it positively impacts customer satisfaction, making it a determining factor for long-term success for the organization. In 2020 and 2023, the performance of employees at PT Indo Kordsa experienced a decline. This study examines the factors that can influence employee performance and analyzes the differences between permanent and contract employees' performance at PT Indo Kordsa. This research uses a quantitative method by distributing an online survey through a Google Form to 348 respondents. The data analysis employs SPSS tools and the Sobel test. The results of this study indicate that work motivation and competence significantly affect employee engagement. Furthermore, work motivation, competence, and employee engagement significantly affect employee performance. Additionally, Employee engagement variables have been shown to mediate the relationship between work motivation and competence with employee performance, and the analysis results show a significant influence of work motivation and competence on employee performance through employee engagement. However, there is no difference between permanent and contract employee performance.
A review of how leadership justice, and job satisfaction interact to shape counterproductive work behavior Pradikto, Arhamedho Akbar Panotonagoro R.; Prasetya, Arik; Hutahayan, Benny
Annals of Human Resource Management Research Vol. 5 No. 1 (2025): March
Publisher : Goodwood Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/ahrmr.v5i1.2860

Abstract

Purpose: This review explores the interplay between leadership, job satisfaction, organizational justice, and counterproductive work behavior (CWB) in organizational settings. Research Methodology: The analysis synthesizes findings from various studies, focusing on the Leader-Member Exchange (LMX) theory and its implications for job satisfaction and CWB. A total of 14 articles were reviewed: four focused on LMX's impact on job satisfaction and CWB, five examined the role of organizational justice in shaping these variables, and five investigated the mediating role of job satisfaction in the LMX-CWB relationship. Results: The review highlights that positive LMX relationships, characterized by trust, respect, and mutual commitment, significantly enhance job satisfaction and reduce CWB. The findings underscore the importance of fostering positive LMX interactions and ensuring fairness in organizational processes to mitigate CWB. Conclusions: The study concludes that Effective leadership and organizational justice are vital for promoting job satisfaction and minimizing counterproductive behaviors in the workplace. Understanding these dynamics is essential for creating healthier and more productive work environments. Limitations: One limitation of this review is that it primarily focuses on existing literature, which may not encompass all relevant studies or perspectives on the topic. Contribution: This review contributes to the field of organizational behavior and management by providing a comprehensive understanding of how leadership and organizational justice influence employee attitudes and behaviors. This finding offers valuable insights for academics and practitioners aiming to address CWB and enhance workplace dynamics.