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ISLAMIC LABEL AND STOCK PRICE CRASH RISK Sutrisno, Bambang; Trinugroho, Irwan; Arifin, Taufiq; Risfandy, Tastaftiyan
Journal of Islamic Monetary Economics and Finance Vol. 11 No. 2 (2025)
Publisher : Bank Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21098/jimf.v11i2.2661

Abstract

This study explores how an Islamic label on firms influences stock price crash risk in Indonesia. We utilize a sample of 566 nonfinancial firms listed between 2016 and 2021, apply panel data method, and find that the Islamic label benefits the firms by lowering crash risk. Investors consider firms with the Islamic label as lower risk due to leverage constraints they must adhere to, which contributes to a decreased crash risk. Our primary results are robust to various sensitivity analyses. We also find that dividend policy and audit quality strengthen the Islamic label-crash risk nexus. The COVID-19 pandemic weakens the link between the Islamic label and crash risk. Furthermore, the Islamic label-crash risk nexus persists for up to two years.  
Analisis Pengelolaan Sampah di Kawasan Wisata Ancol untuk Mendukung Pariwisata Berkelanjutan Sutrisno, Bambang; Sasaerila, Hidayat Yorianta; Nurhasanah, Nunung
JURNAL Al-AZHAR INDONESIA SERI SAINS DAN TEKNOLOGI Vol 10, No 3 (2025): InPress
Publisher : Universitas Al Azhar Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36722/sst.v10i3.4703

Abstract

Effective waste management is a key prerequisite for achieving sustainable tourism. Sustainable tourism provides important benefits such as environmental conservation, improved community well-being, and economic contributions to destinations. This study aims to analyze the existing waste management system in the Ancol tourism area, identify the challenges faced, and formulate recommendations for its optimization. The analysis focuses on the waste management system at the Integrated Waste Processing Facility (TPST) Ancol, Jakarta, with reference to national regulations (Law No. 18/2008, Jakarta Governor Regulations No. 102/2021 and No. 142/2019) and the Global Sustainable Tourism Council (GSTC) standards. A descriptive qualitative approach was applied through observations, interviews, and document analysis. The results show that TPST Ancol has implemented four-stream waste segregation and circular economy-based processing, such as composting for parks and sorting recyclable waste for waste banks. However, challenges remain in terms of limited visitor participation in source segregation, constraints in human resources, and inadequate technological infrastructure. The Soft Systems Methodology (SSM) analysis highlights the importance of visitor education, infrastructure improvement, and multi-stakeholder collaboration to strengthen the triple bottom line (people, planet, profit). This study recommends optimizing monitoring systems, enforcing stricter environmental policies, and integrating educational programs to position Ancol as a world-class sustainable tourism destination.Keywords - Ancol, Soft Systems Methodology, Sustainability, Tourism, Waste. 
The Effect of Team Collaboration and Adaptability on Employee Performance at the BPSDM of the Ministry of Home Affairs Atayya, Sayyid Muhammad; Sutrisno, Bambang
Dinasti International Journal of Economics, Finance & Accounting Vol. 6 No. 4 (2025): Dinasti International Journal of Economics, Finance & Accounting (September - O
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijefa.v6i4.4894

Abstract

This study aims to determine the effect of team collaboration and adaptability on employee performance at the Human Resources Development Agency (BPSDM) of the Ministry of Home Affairs of the Republic of Indonesia. The method used in this study is a quantitative method with a multiple linear regression approach. Data were collected through questionnaires and analyzed using SPSS software version 25. The results of the analysis showed that there were no multicollinearity and heteroscedasticity problems in the regression model used. Partially, the team collaboration variable has a positive and significant effect on employee performance with a significance value of 0.053 and a t-count value of 1.960. The adaptability variable also has a positive and significant effect with a significance value of 0.000 and a t-count value of 7.410. Simultaneously, team collaboration and adaptability have a significant effect on employee performance with a calculated F value of 155.423 and a significance of 0.000. The coefficient of determination (R²) value of 0.791 indicates that 79.1% of the variation in employee performance can be explained by these two variables. These findings reinforce the importance of team collaboration and adaptability in improving employee performance in government agency environments. Therefore, organizations are advised to strengthen teamwork culture and develop employee adaptive capabilities in order to achieve organizational goals optimally.
Pathological Investigation of Lumpy Skin Disease in Cattle from Sleman, Indonesia Kristianingrum, Yuli Purwandari; Winarsih, Sugi; Sutrisno, Bambang; Widyarini, Sitarina; Sugiyono, Sugiyono; Untari, Tri
Jurnal Medik Veteriner Vol. 8 No. 2 (2025): October
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jmv.vol8.iss2.2025.414-423

Abstract

In early 2023, there was an outbreak of lumpy skin disease (LSD) in cattle in Indonesia, with particularly high prevalence in Sleman, Special Region of Yogyakarta, Indonesia. Since then, cases of this disease have been increasing, causing significant economic losses to cattle and buffalo farmers. This study aimed to investigate the pathological changes caused by LSD virus infection in various organs of Sleman cattle. We investigated 15 animals from 10 farms. Skin samples were taken by biopsy. ELISA testing was performed on serum samples. We also performed necropsies on two LSD infected cow carcasses to observe the macroscopic and microscopic effects of the virus. During the necropsies, samples were obtained from skin nodules, skeletal muscle, and internal organs (lung, liver, kidney, lymphatic nodes, spleen, and digestive organs). These were subjected to histopathological examination using hematoxylin and eosin staining. Among the live animals, fever, lethargy, hypersalivation, and lacrimation were the most common clinical signs. Our qualitative descriptive analysis of the pathological changes, clinical signs, and ELISA results showed that LSD infection in cattle causes mild to severe damage to various organs. Our macroscopic examinations found that affected animals had skin nodules of varying sizes over the entire body. We observed mild to severe inflammation and hemorrhage in the internal organs, including the skeletal muscles, spleen, liver, heart, rumen, reticulum, abomasum, and small intestine. Based on this investigation, we conclude that, in addition to its effects on the skin, LSD causes pathological changes in various internal organs.