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A Critical Review of The Impact of Fintech Credit on Green Innovation: International Evidence Bhenu Artha; Utami Tunjung Sari; Antonius Satria Hadi; Bahri Bahri; Niken Permata Sari; Cahya Purnama Asri; Ascasaputra Aditya
Jurnal Penelitian dan Pengabdian Masyarakat Vol. 4 No. 3 (2026): August 2026
Publisher : Yayasan Pondok Pesantren Sunan Bonang Tuban

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61231/8x82ha10

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This study aims to critically evaluate the theoretical framework, methodological robustness, and empirical claims of Tran et al. (2026) regarding the impact of Fintech credit on green innovation. Employing a systematic critical review methodology, this research analyzes the original study's data sources, variable operationalization, and econometric modeling to assess both validity and reliability. The analysis reveals that while the original study successfully differentiates peer-to-peer (P2P) from balance sheet lending and identifies key moderating variables (capital supply and financial development), its main findings are compromised by three specific limitations. First, the observational cross-country design establishes correlation but fails to prove definitive causality. Second, relying exclusively on patent counts creates measurement ambiguity regarding true green innovation. Third, hand-collected Fintech credit components introduce potential coding inaccuracies. Furthermore, theoretical gaps concerning reverse causality and mechanism ambiguity remain unresolved
A Systematic Literature Review of Digital Finance and Global Marketing Bhenu Artha; Jumadi Jumadi; Utami Tunjung Sari; Ascasaputra Aditya; Bahri Bahri; Niken Permata Sari; Antonius Satria Hadi; Cahya Purnama Asri
Indonesia Economic Journal Vol. 2 No. 1 (2026): JANUARI-JUNI
Publisher : Indo Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63822/ecgxy236

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Digital finance and global marketing have emerged as transformative forces reshaping the contemporary economic landscape. This study presents a systematic literature review examining the intersection of these domains, analyzing 287 peer-reviewed articles published between 2019 and 2024 from reputable international databases. Following rigorous methodological protocols, the research synthesizes current trends, identifies key research gaps, and provides actionable insights for stakeholders. The results reveal a significant growth trajectory in scholarly attention, with publications increasing from 12 in 2019 to 45 in 2024. Key research focus areas include digital marketing strategies, digital payment systems, and consumer behavior. Findings indicate that successful organizations integrate multiple technologies—specifically Artificial Intelligence (AI), blockchain, and mobile payments—into comprehensive strategies rather than isolated adoptions. Consumer trust is identified as a critical mediator influencing adoption, while regulatory fragmentation and the digital divide remain substantial barriers to global implementation. The review concludes that sustainable competitive advantage derives from integrated and customer-centric innovation.
Kebijakan Tarif Ekspor Tinggi Amerika Serikat dan Dampaknya bagi Perekonomian Indonesia: Suatu Narrative Review Tosan Surya Adi; Bhenu Artha
Indonesia Economic Journal Vol. 2 No. 1 (2026): JANUARI-JUNI
Publisher : Indo Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63822/p2932k42

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The United States' protectionist policies, culminating in the "Liberation Day" announcement on April 2, 2025, have significantly altered the global trade landscape. This research aims to analyze the U.S. high export tariff policy and its substantive impact on the Indonesian economy using a narrative review method. The results indicate that the implementation of a 32% tariff on Indonesian products poses serious macroeconomic challenges, particularly for the textile, electronics, furniture, and palm oil sectors. The palm oil sector recorded a 22.5% decrease in export value, while national GDP growth is projected to slow from 5.20% to 5.03%. Theoretically, U.S. policies are driven by neo-mercantilist views utilizing domestic legal instruments (Sections 301 and 232) to justify protectionism on national security grounds. Indonesia responds through a five-pillar strategy encompassing trade diplomacy, market diversification via RCEP, and regulatory reforms to enhance manufacturing competitiveness. This study concludes that structural transformation toward high value-added economies is crucial for Indonesia to navigate global economic fragmentation and the erosion of the multilateral trading system
Conceptualizing Dual Mechanisms of Decoupling: The Impact of Physical and Temporal Separation on The Intensity of Pain of Paying Tiara Kinanti; Fajar Santoso; Bhenu Artha
Indonesia Economic Journal Vol. 2 No. 1 (2026): JANUARI-JUNI
Publisher : Indo Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63822/t9wz2n13

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The evolution of commerce from tangible cash to digital interactions has fundamentally altered the "pain of paying," a crucial psychological heuristic that regulates consumer spending. This research aims to conceptualize the dual mechanisms of decoupling, physical and temporal separation, within a unified theoretical framework. Utilizing a narrative review methodology, the study synthesizes contemporary literature to explore how these mechanisms manipulate consumer psychology. Physical decoupling, characterized by "Spendception" and invisible payments, reduces payment transparency and neutralizes emotional resistance at the point of sale. Temporal decoupling, prominently seen in Buy Now, Pay Later (BNPL) models, exploits time perception to minimize perceived financial commitment. While these strategies effectively increase impulse buying by removing cognitive friction, they paradoxically damage long-term brand loyalty by eliminating psychological effort justification. The paper concludes that in an increasingly frictionless digital economy, cultivating robust financial literacy is essential for transitioning consumers from vulnerable, heuristic-based emotional regulation to resilient, deliberate cognitive financial management.
From Waste to Fashion – A Fashion Upcycling Contest: A Critical Review Kasma Manggala; Bhenu Artha; Utami Tunjung Sari; Niken Permata Sari; Antonius Satria Hadi; Bahri Bahri; Cahya Purnama Asri
Miftah : Jurnal Ekonomi dan Bisnis Islam Vol. 4 No. 1 (2026): April 2026
Publisher : Yayasan Pondok Pesantren Sunan Bonang Tuban

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61231/rr9mmt05

Abstract

The paper presents a case study of the TAP (Portuguese Airline Company) Upcycling Project, which challenged two young fashion designers to create garments from waste textiles sourced from decommissioned aircraft. The work is positioned within the broader context of circular economy and sustainability in the fashion industry, demonstrating how creative design processes can transform industrial waste into valuable fashion products. This critical review also emphasizes emerging research directions and strategies where advanced characterization and design approaches may help unlock the full potential of fashion upcycling.
Dinamika Green Marketing dan Adopsi Keuangan Digital pada Sektor Bisnis: Suatu Tinjauan Literatur Ascasaputra Aditya; Utami Tunjung Sari; Bhenu Artha; Bahri Bahri; Niken Permata Sari; Antonius Satria Hadi; Cahya Purnama Asri
Rashid : Journal of Economic Vol. 2 No. 1 (2026): Rashid : Journal of Economic
Publisher : Jaanur Elbarik Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65065/q6e6s422

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The primary objective of this study is to identify the strategic role of FinTech in facilitating green marketing implementation, analyze its impact on market share expansion, with a specific focus on the Micro, Small, and Medium Enterprises (MSMEs) sector, and critically evaluate the environmental challenges stemming from digital technology adoption. The methodology employed is a systematic literature review, utilizing data extraction from four reputable academic databases: Scopus, Web of Science, Google Scholar, and IEEE Xplore. Based on inclusion criteria restricted to English-language peer-reviewed articles, the final selection process yielded 82 relevant studies for analysis. The findings indicate that the integration of digital payment platforms and artificial intelligence (AI) significantly enhances market reach, operational efficiency, and the personalization of marketing campaigns. Furthermore, FinTech has been shown to facilitate the provision of green investment infrastructure, carbon footprint tracking, and incentives for eco-friendly transactions.
Penyuluhan tentang Platform Bisnis Daring dan Pemasaran Kuliner bagi Mahasiswa Bhenu Artha; Mukhijab; Bintoro Satriadhi; Dea Olivia Lamadi
Aksi Kita: Jurnal Pengabdian kepada Masyarakat Vol. 1 No. 4 (2025): JULI-AGUSTUS
Publisher : Indo Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63822/bm0vrf65

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Mahasiswa belum memiliki pengetahuan yang memadai tentang bagaimana cara membuka usaha secara mandiri. Tujuan kegiatan pengabdian kepada masyarakat ini adalah untuk memberikan wawasan tentang platform bisnis daring dan pemasaran kuliner. Kegiatan ini menggunakan metode penyuluhan untuk meningkatkan pemahaman serta kesadaran para peserta, juga contoh-contoh tentang platform bisnis daring dan pemasaran kuliner. Pemberian materi penyuluhan dilaksanakan selama satu hari saat jam kerja. Peserta pengabdian kepada masyarakat di Universitas Widya Mataram Yogyakarta ini diikuti oleh 22 peserta. Setelah mengikuti kegiatan pengabdian masyarakat, semua peserta diharapkan memiliki pengetahuan tentang platform bisnis daring dan pemasaran kuliner agar nantinya dapat menjalankan usaha dengan baik.
Debt Maturity: A Review of The Literature Kristiana Sri Utami; Bhenu Artha; Sakhira Tarisa Sofia Amirullah; Safira Wulan Agustin
Journal of Humanities Research Sustainability Vol. 1 No. 6 (2024)
Publisher : Yayasan Adra Karima Hubbi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70177/jhrs.v1i6.1480

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Background. Financial crises and rollover risk are closely associated with short-term debt, which impacts a company’s ability to undertake long-term investments and affects the state of the economy. Short-term debt reduces asset volatility and increases the distance to default compared to long-term debt. A significant factor influencing decisions on debt maturity is borrowers’ awareness of their default risk. Purpose. The study aims to identify the variables that influence and are influenced by debt maturity. It focuses on understanding the relationship between debt maturity, disproportional control rights, capital age, and asset life.   Method. This research employs a theoretical literature review to analyze the relationships between the identified variables. By synthesizing existing theories, the study develops a conceptual framework to explore the impact of disproportional control rights on debt maturity and its downstream effects on financial management. Results. The findings reveal that disproportional control rights significantly influence debt maturity. Companies with longer-term debt structures are better positioned to manage capital age and asset life effectively. Conversely, short-term debt structures tend to align with younger capital and shorter asset lifespans, often limiting long-term operational sustainability. Conclusion. The study concludes that companies must carefully consider debt maturity in their financial strategies to ensure stability and sustainable growth. Disproportional control rights, capital age, and asset life are crucial factors to manage. Further empirical research is recommended to validate and expand the findings, providing practical insights into optimizing debt maturity in diverse organizational contexts.
Kepemimpinan Inovatif Berkelanjutan dan Keuangan Digital: Suatu Studi Literatur Bahri Bahri; Bhenu Artha; Antonius Satria Hadi; Utami Tunjung Sari; Niken Permata Sari; Cahya Purnama Asri; Ascasaputra Aditya
Journal of Economic and Business Vol 3 No 1 (2026): Maret
Publisher : Universitas Nazhatut Thullab Al-Muafa Sampang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52298/joebis.v3i1.175

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Penelitian ini bertujuan untuk mengeksplorasi keterkaitan antara kepemimpinan inovatif berkelanjutan, adopsi teknologi finansial (fintech), dan privasi data dalam lanskap keuangan digital. Studi ini menggunakan metode tinjauan literatur teoretis terhadap studi-studi dari basis data akademik bereputasi untuk periode 2014 hingga 2025. Proses analisis dilakukan melalui integrasi tiga tahap yang mencakup dekonstruksi teknologi, jembatan teoretis, dan pemetaan tematik dengan menempatkan privasi data sebagai variabel moderasi. Hasil penelitian menunjukkan bahwa kepemimpinan transformasional dan strategis berperan krusial dalam mendorong kinerja organisasi melalui penyelarasan teknologi dan kelincahan budaya. Temuan utama menekankan bahwa integrasi kecerdasan buatan, blockchain, dan pengembangan sumber daya manusia merupakan pilar utama dalam transformasi digital yang sukses. Kesimpulannya, navigasi yang efektif dalam keuangan digital memerlukan pemimpin yang mampu menggabungkan visi strategis, kompetensi teknologi, dan tata kelola etis. Keberhasilan organisasi sangat bergantung pada kemampuan pemimpin dalam membangun budaya adaptif dan menjaga kepercayaan pemangku kepentingan di tengah kompleksitas regulasi dan tantangan keamanan siber.
IMPLEMENTASI LOGISTIK KEMANUSIAAN DAN PENGABDIAN MASYARAKAT BERBASIS BUDAYA MELALUI DISTRIBUSI MAKANAN GRATIS Intan Permatasari; Bhenu Artha; Alfin Orlando Zulfan
Jurnal Pengabdian Indonesia (JPI) Vol. 2 No. 2 (2026): Vol. 2 No. 2 Edisi Juli 2026
Publisher : PT. Jurnal Center Indonesia Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62567/jpi.v2i2.2458

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Amanat konstitusional "Tri Dharma Perguruan Tinggi" mewajibkan institusi pendidikan tinggi di Indonesia untuk mengintegrasikan pendidikan, penelitian, dan pengabdian kepada masyarakat guna menjembatani wacana teoretis dengan realitas sosial. Penelitian ini mengkaji program distribusi makanan yang diselenggarakan oleh Program Studi Teknik Industri Universitas Widya Mataram (UWM) sebagai penerapan praktis dari logistik kemanusiaan. Dengan menggunakan pendekatan Participatory Action Research (PAR), program ini secara aktif melibatkan mahasiswa di setiap tahap, mulai dari identifikasi masalah hingga refleksi. Prinsip-prinsip teknik industri, khususnya logistik kemanusiaan, efisiensi distribusi, dan ergonomi lingkungan, diterapkan untuk mengelola distribusi paket dan memastikan keselamatan lalu lintas di Jalan Tatabumi Selatan yang padat kendaraan. Hasil dari pelaksanaan pada tanggal 13 Maret 2025 menunjukkan bahwa penggunaan Titik Distribusi Terpusat (Centralized Distribution Points/CDP) yang dimodifikasi dan manajemen antrean yang strategis telah berhasil menyediakan makanan bagi para komuter sekaligus mengurangi kemacetan lalu lintas dan mendukung UMKM lokal. Studi ini menyimpulkan bahwa inisiatif semacam ini secara efektif mampu mengubah mahasiswa menjadi agen perubahan yang dapat memberikan solusi sosial yang inovatif. Program-program di masa depan sebaiknya mempertimbangkan penggunaan perangkat lunak optimasi rute dan memperluas kolaborasi dengan otoritas lokal untuk meningkatkan jangkauan sosial.