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Analysis Of Key Factors Influencing Behavioral Intention To Adopt Cryptocurrency In Indonesia: A Demographic Perspective Lie, I Gede Artha Juan Christian; Faturohman, Taufik
EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis Vol 13 No 1 (2025): Januari
Publisher : UNIVED Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/ekombis.v13i1.6912

Abstract

This study examines the key factors influencing the behavioral intention to adopt cryptocurrency in Indonesia from a demographic perspective. Utilizing descriptive statistics and non-parametric tests such as the Mann-Whitney U Test and Kruskal-Wallis Test, the research analyzes how gender, age, educational level, and occupation impact individuals' perceptions and intentions regarding cryptocurrency adoption. The findings reveal significant differences across these demographic groups, particularly in areas such as financial literacy, perceived risk, social influence, and awareness. Males, younger individuals, and those with higher education levels or finance-related occupations exhibit a stronger intention to adopt cryptocurrency, driven by lower perceived risks and higher financial literacy. Conversely, females, older adults, and those with lower education levels show more hesitation, primarily due to higher perceived risks and lower awareness. The study underscores the need for targeted educational initiatives and policy interventions to address these demographic disparities and promote a more inclusive adoption of cryptocurrency in Indonesia. These insights are crucial for developing effective strategies to support the growth of cryptocurrency as part of the digital economy.
The Role of Innovation and The Entrepreneurship Ecosystem in Creating Sustainable Development of Islamic Endowment (Waqf) : A Systematic Review Maulina, Rindawati; Dhewanto, Wawan; Faturohman, Taufik
Indonesian Journal of Business and Entrepreneurship Vol. 11 No. 1 (2025): IJBE, Vol. 11 No. 1, January 2025
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/ijbe.11.1.106

Abstract

Background: A more focused examination of the specific themes of waqf, innovation, and entrepreneurship is needed to deepen our understanding of their role in promoting the sustainability of waqf institutions and benefiting the community. Purpose: This study attempts to present literature works over 50 years related to sustainable waqf development from the perspective of innovation and entrepreneurship ecosystem (EE).Design/methodology/approach: This study employed a two-step qualitative methodology. First, a bibliographic analysis was conducted. Second, a content analysis of all reviewed articles was performed.Findings/Result: This study discovered that process and product innovation was the most frequently carried out by previous research. Meanwhile, position and paradigm innovation are still uncommon. The study proposes that the mediating role of EE between innovation and sustainable waqf development, as well as highlighting how factors of sharia compliance, governance, transparency and accountability, community engagement, and stakeholders’ collaboration can moderate this relationship.Conclusion: This study contributes to the literature on waqf and entrepreneurship by providing valuable insights for academics seeking to develop sustainable waqf models and innovations. Practically, this study can inform various stakeholders in formulating strategies to promote sustainable waqf development and contribute to national economic growth.Originality/value (State of the art): To the author's knowledge, previous research has yet to specifically discuss the waqf theme concerning innovation and entrepreneurship ecosystem (EE) in supporting the growth and sustainability of waqf development. Keywords: sustainable development, innovation, entrepreneurship ecosystem, waqf, systematic review
DO ISLAMIC BANKS IN INDONESIA TAKE EXCESSIVE RISK IN THEIR FINANCING ACTIVITIES? Purbayanto, Muhamad Anindya Hiroshi; Faturohman, Taufik; Yulianti, Yulianti; Aliludin, Arson
Journal of Islamic Monetary Economics and Finance Vol. 8 No. 1 (2022)
Publisher : Bank Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21098/jimf.v8i1.1431

Abstract

This study analyzes the risk-taking behavior of Indonesian Islamic Banks by examining whether the relation between financing Growth rate and non-performing financing (NPF). We employ threshold regression models and bank-level data of 24 Islamic banks (full-fledged Islamic banks and Islamic banking windows) covering the period from 2009 to 2019. We find evidence for the excessive risk-taking of Islamic Banks. More specifically, while the relation between NPF and FGR is negative when the one-lagged NPF is below the threshold (estimated to be 5.42%), it turns positive once it is above the threshold. This means that banks with NPF above the 5.42 percent threshold tend to take risky loans.
IMPLEMENTATION OF ANALYTICAL HIERARCHY PROCESS TO CHOOSE RISK MITIGATION PLAN FOR CO-LIVING SPACE DEVELOPMENT PROJECT Saddam, Teuku Muhammad Abidzar; Faturohman, Taufik
Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA) Vol 9 No 2 (2025): Edisi Mei - Agustus 2025
Publisher : LPPM STIE Muhammadiah Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31955/mea.v9i2.5998

Abstract

This study comprehensively assesses and proposes mitigation strategies for critical risks within a specific co-living development project in Haji Nawi, set against the backdrop of Jakarta's increasing housing deficit. The research integrates the ISO 31000:2018 risk management framework, supplemented by PESTLE, VRIO, and SWOT analyses for environmental scanning. Its primary objective is to identify, accurately measure, prioritize, and formulate actionable mitigation plans for significant project threats. Qualitative data gathered from expert interviews and focused group discussions informed the risk assessment process. The study identified 37 distinct potential risks, categorized into Strategic, Financial, Operational, Legal & Compliance, and Reputational domains. Through rigorous measurement and prioritization aligned with the development firm's risk appetite, 11 risks were classified as High to Extreme, demanding urgent treatment. The Analytical Hierarchy Process (AHP) was then applied to evaluate and select the most suitable mitigation plans for the three highest-priority, extreme risks: Permit Delay, Community Rejection, and Contractor Failure. Results strongly recommend implementing Contingency Buffers in Project Timelines for Permit Delay. The Establishment of a Grievance Redress Mechanism emerged as the preferred strategy for Community Rejection, while Collaborative Contract Models (e.g., Alliancing) proved optimal for mitigating Contractor Failure. This research provides a robust framework and data-driven recommendations, crucial for ensuring project stability and success in dynamic urban property markets.
Feasibility Study of Investment in New Conveyor Facility for CHF Supply Power Plant ABC PT XYZ Sutandar, Riana Muhammad; Faturohman, Taufik
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v8i3.7289

Abstract

PLTU ABC is a coal-fired steam power plant that receives its coal supply from PT XYZ. At present, coal delivery relies on a single conveyor system with a capacity of 1,200 tons per hour. Since PT XYZ supplies coal based on the power plant’s demand, the conveyor must remain operational 24 hours a day. Any unplanned maintenance on the conveyor can disrupt supply and result in lost electricity production. Monthly coal delivery targets have been established, necessitating alternative delivery methods in case the conveyor system fails. Three alternative solutions have been identified: leasing a temporary conveyor, investing in a new conveyor system, or switching to direct coal delivery via trucks. The capital expenditure estimates are based on historical purchase data, adjusted for inflation over the past five years. The financial analysis indicates that direct truck delivery offers the highest return on investment and stronger cash flow compared to either leasing or constructing a new conveyor system. The project’s financial metrics include a Net Present Value (NPV) of IDR 51.22 billion, an Internal Rate of Return (IRR) of 60.13%, a Modified Internal Rate of Return (MIRR) of 24.54%, and a payback period of 1.55 years. Further validation using sensitivity analysis, scenario analysis, and Monte Carlo simulations showed that the probability of achieving a positive NPV (NPV > 0) is 65%. Based on these findings, it is concluded that direct delivery by trucks is more financially viable than investing in or leasing conveyor facilities.
Impact of customer default on cash conversion cycle and net working capital in construction company Maesaroh, Maya; Faturohman, Taufik
International Journal of Financial, Accounting, and Management Vol. 6 No. 3 (2024): December
Publisher : Goodwood Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/ijfam.v6i3.2120

Abstract

Purpose: This study aimed to determine the effect of customer default on the Cash Conversion Cycle and Net Working Capital in construction companies. Method: This study uses secondary data from companies’ financial reports to calculate the Cash Conversion Cycle, Net Working Capital, and Spearman's rho Correlation Test to determine the relationship between the two variables. Results: The results show that SOE customer default affects the condition of the Cash Conversion Cycle, especially in 2023, where the Cash Conversion Cycle value in Q123 (85 days) and Q223 (64 days), but the worst Cash Conversion Cycle results during the observation period are in Q122 (134 days). In Net Working Capital, there are only three periods with negative results: Q219 (-3.1B), Q319 (-461M), and Q421 (-4B), but not in 2023, because in 2023, the result is positive (or liquid). Spearman's rho Correlation Test shows that the relationship between the two variables is negatively correlated by -0.319, and the significance is 0.184, or the two variables are not significant. Limitations: This study was limited to construction companies in Bandung. The data taken from 2019 to Q3-2023 only focus on the influence of SOE customer defaults on the company's Cash Conversion Cycle and Net Working Capital.   Contribution: This study provides the best solution to the problem of customer default in the Cash Conversion Cycle and Net Working Capital in a construction company. If the solution is applied to the company, an implementation plan is created to fix the problem.