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Optimizing Green Investment and CSR to Enhance Palm Oil Firm Performance in Indonesia: The Role of Financial Slack as a Moderating Factor Rafli, Muhammad Raihan; Juniar, Asrid; Salsabila, Nasywa Ghaida
Ilomata International Journal of Management Vol. 6 No. 4 (2025): October 2025
Publisher : Yayasan Sinergi Kawula Muda

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61194/ijjm.v6i4.1751

Abstract

This study explores how green investment (GI) and corporate social responsibility (CSR) influence the performance of palm oil companies in Indonesia, with financial slack examined as a moderating factor. The research is motivated by the urgent need to address greenhouse gas emissions resulting from land conversion in palm oil plantations and the limited empirical studies focused on the agribusiness sector, particularly palm oil. Using a quantitative approach, the study analyzes data from eight palm oil sub-sector firms listed on the Indonesia Stock Exchange (IDX) from 2021 to 2023, generating 24 firm-year observations. Data were obtained from annual and sustainability reports, and analyzed using structural equation modeling with Partial Least Squares (SEM-PLS) via Warp-PLS 8.0. The results reveal that green investment has a significant negative impact on firm performance, while corporate social responsibility exerts a positive effect. Financial slack does not moderate the relationship between GI and performance but weakens the positive influence of CSR on performance. These findings suggest that the effectiveness of GI and CSR strategies in enhancing firm performance is contingent upon the firm’s financial condition. Moreover, in capital-intensive industries like palm oil, financial slack may complicate the intended benefits of CSR. The study’s limitations, particularly the small sample size and focus on listed companies, highlight the need for broader future research.
DETERMINAN KINERJA REKSA DANA SYARIAH DI INDONESIA YANG TERDAFTAR PADA OTORITAS JASA KEUANGAN Sofyaun, Ashari; Juniar, Asrid; Rahmawati, Rini
Paser Institute Of Accounting and Finance Vol. 1 No. 2 (2023): Desember, 2023
Publisher : Paser Institute Of Accounting and Finance

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This research was conducted to analyze the influence of asset allocation policies, investment manager performance, and risk levels on the performance of Sharia mutual funds. Asset allocation policy, investment manager performance, and risk level are used as independent variables, with Sharia mutual fund performance as the dependent variable, which is measured using the Sharpe index. The population in this research is Sharia mutual funds registered with the OJK for the 2018-2020 period. The sample was selected using purposive sampling, and 23 were based on specific criteria. The analysis technique in this research uses multiple linear regression analysis via the SPSS program. The research results show that asset allocation policy has no significant effect on the performance of Sharia mutual funds, the performance of investment managers has a significant positive impact on the performance of Sharia mutual funds, and the level of risk has a significant positive effect on the performance of sharia mutual funds.
Socialization of The Potential Revenue of Local Taxes for The Younger Generation of Water and Swamp Areas Rahmawati, Rini; Juniar, Asrid; Wardhana, Ali; Hamdani, Hamdani; Wijaya, Melinda; Fitriani, Lisa Nor; Tiofajrian, Muhammad Rosyad
Unram Journal of Community Service Vol. 5 No. 4 (2024): December
Publisher : Pascasarjana Universitas Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29303/ujcs.v5i4.745

Abstract

Regional taxes as a source of original regional income are one of the basic capital for regional governments to obtain funds for development and to fulfill regional expenditures thereby reducing dependence on the central government and its subsidies. The problem that prospective taxpayers often experience is a lack of knowledge about taxes. Limitations in access to adequate information about taxes, such as seminars, guides, or assistance from tax experts, can lead to inaccurate perceptions of taxes. This condition results in a decrease in the level of compliance with paying taxes, which will ultimately be detrimental to the government in financing public services and infrastructure development needed for community welfare. People who live in areas dominated by water and swamp areas must be aware that there are unique features that have different potential for Regional Original Income (PAD). This activity aims to increase local taxpayer compliance among the younger generation through the activity of Equating Perceptions of Potential Regional Tax Revenue from Water and Swamp Areas for the Young Generation at the El Qudwah Foundation in the Barito Kuala district. The results show that socialization regarding taxes is really needed by the younger generation so that they are obedient in paying taxes, increasing tax compliance will have an impact on increasing local original income, which is very beneficial for regional development whose aim is to improve the welfare of regional communities both in water and swamp areas. in all city districts in South Kalimantan province.
Efektivitas Peningkatan Penerimaan Pajak Daerah di Wilayah Lahan Basah Berbasis Pola Pikir Religius Juniar, Asrid; Rahmawati, Rini; Wardhana, Ali; Hamdani, Hamdani
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 2 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v6i2.5762

Abstract

Taxes are the largest source of revenue for the Indonesian state. Taxes also have a large contribution to the development of all regions in Indonesia. Taxes in Indonesia consist of central taxes and regional taxes. South Kalimantan Province which consists of 13 districts/cities. South Kalimantan Province is one of the areas with wetland topography in Indonesia. One of the areas with the largest peatlands according to data from the Central Statistics Agency is Tapin Regency and the majority of the population is Muslim, so religious nuances are always visible. The potential for regional tax revenue in Tapin Regency, which is one of the areas with wetland topography and a religious population, makes this research interesting because based on the results of existing research, it still shows research gaps so that research related to the effectiveness of regional tax revenue in wetland areas is pattern-based. religious thought becomes important. This research includes quantitative research. The data used is primary data from respondents as informants with a sample size of 200 respondents. The data analysis technique uses partial least squares to analyze the influence of religiosity on taxpayer compliance and the effectiveness of local tax revenues. The research results show that religiosity has a significant effect on taxpayer compliance and the effectiveness of tax revenue. Taxpayer compliance also has a significant effect on the effectiveness of tax revenue in the Tapin district area.
Pelatihan Eco Enzyme: Respon Tanggap Darurat Sampah Dan Pemberdayaan Ibu PKK Kelurahan Teluk Dalam Di Banjarmasin Masita Dewi, Dian; Sadikin, Ali; Juniar, Asrid; Ahmad, Azizah Akbariani; Rizkya, Shafa; Dwi Apriliyani, Evy Laili
Jurnal Pengabdian kepada Masyarakat Nusantara Vol. 6 No. 4 (2025): Edisi Oktober - Desember
Publisher : Lembaga Dongan Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55338/jpkmn.v6i4.7766

Abstract

Program Pengabdian kepada Masyarakat (PkM) ini merupakan respons terhadap krisis pengelolaan limbah di Kota Banjarmasin, yang secara resmi mengumumkan status darurat sampah pada 1 Februari 2025, dengan timbulan sampah harian mencapai 476 ton. Program ini menargetkan 20 ibu rumah tangga anggota PKK Kelurahan Teluk Dalam, Banjarmasin. Metodenya meliputi sosialisasi, pelatihan pembuatan dan pemanfaatan Eco Enzyme skala rumah tangga, serta evaluasi menggunakan kuesioner pre-test dan post-test secara kualitatif dan kuantitatif. Tujuannya adalah mengedukasi masyarakat, khususnya ibu rumah tangga, dalam mengolah limbah organik menjadi Eco Enzyme multifungsi dan memanfaatkannya untuk berbagai kebutuhan rumah tangga hingga kesehatan. Pelaksanaan PkM ini juga merupakan bentuk respons ULM terhadap status darurat sampah, sejalan dengan Instruksi Wali Kota Banjarmasin Nomor 100.3.4.3/0360/SEKR-DLH/III/2025 tentang wajib memilah sampah. Hasil evaluasi menunjukkan peningkatan pengetahuan dan pemahaman peserta serta peningkatan motivasi untuk memproduksi Eco Enzyme secara konsisten. Program ini terbukti sangat efektif, dapat direplikasi, dan memberikan solusi berkelanjutan untuk pengelolaan sampah organik, mengurangi beban TPA, serta memberdayakan komunitas
Efektivitas Peningkatan Penerimaan Pajak Daerah di Wilayah Lahan Basah Berbasis Pola Pikir Religius Asrid Juniar; Rini Rahmawati; Ali Wardhana; Hamdani Hamdani
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 2 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v6i2.5762

Abstract

Taxes are the largest source of revenue for the Indonesian state. Taxes also have a large contribution to the development of all regions in Indonesia. Taxes in Indonesia consist of central taxes and regional taxes. South Kalimantan Province which consists of 13 districts/cities. South Kalimantan Province is one of the areas with wetland topography in Indonesia. One of the areas with the largest peatlands according to data from the Central Statistics Agency is Tapin Regency and the majority of the population is Muslim, so religious nuances are always visible. The potential for regional tax revenue in Tapin Regency, which is one of the areas with wetland topography and a religious population, makes this research interesting because based on the results of existing research, it still shows research gaps so that research related to the effectiveness of regional tax revenue in wetland areas is pattern-based. religious thought becomes important. This research includes quantitative research. The data used is primary data from respondents as informants with a sample size of 200 respondents. The data analysis technique uses partial least squares to analyze the influence of religiosity on taxpayer compliance and the effectiveness of local tax revenues. The research results show that religiosity has a significant effect on taxpayer compliance and the effectiveness of tax revenue. Taxpayer compliance also has a significant effect on the effectiveness of tax revenue in the Tapin district area.
Financial Habits and Their Impact on Consumer Financing Quality in Islamic Banking Institutions Muhammad Sofyan; Asrid Juniar
JESI (Jurnal Ekonomi Syariah Indonesia) Vol. 15 No. 1 (2025)
Publisher : Universitas Alma Ata

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21927/jesi.2025.15(1).91-105

Abstract

Introduction: This study examines the impact of financial habits on the quality of consumer financing in Islamic banking institutions in Banjarmasin, Indonesia. This topic is crucial as customer financial behavior directly influences the health and stability of an Islamic bank's financing portfolio. Despite its importance, the specific mechanisms through which financial habits influence financing quality, particularly with the involvement of product selection, remain underexplored.Methodology: A quantitative approach was employed, collecting data through a survey of 332 consumer financing customers in Banjarmasin. Data analysis was conducted using Partial Least Squares - Structural Equation Modeling (PLS-SEM), encompassing the evaluation of the outer model, inner model, and mediation analysis. Result: The empirical findings indicate that financial management habits significantly influence financing product selection, which in turn significantly impacts financing quality. Importantly, product selection mediates the relationship between financial management habits and financing quality. Furthermore, both installment payment habits and saving habits directly and significantly influence the quality of consumer financing.Conclusion: This research concludes that customers' financial habits, particularly financial management, installment payment, and saving, are critical determinants of consumer financing quality in Islamic banking, with financing product selection playing a significant mediating role. The main take-home message is that Islamic banks should integrate comprehensive assessments of customers' financial behaviors into their financing selection processes to strategically improve portfolio quality and effectively minimize default risks.
Reaksi Pasar Saham dan Aktivitas Perdagangan Bank Sistemik Indonesia terhadap Informational Shock Keanggotaan BRICS Dewi, Dian Masita; Sadikin, Ali; Juniar, Asrid; Ahmad, Azizah Akbariani
Jurnal Ekonomi, Akutansi dan Manajemen Nusantara Vol. 4 No. 3 (2026): Edisi Januari - April IN PROGRESS
Publisher : Utiliti Project Solution

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55338/jeama.v4i3.440

Abstract

Pengumuman resmi keanggotaan penuh Indonesia dalam blok BRICS, yang dikonfirmasi pada 6 Januari 2025, merupakan guncangan informasi geopolitik utama yang berpotensi memengaruhi persepsi risiko sistemik, ekspektasi investor, dan dinamika pasar modal domestik. Meskipun literatur yang ada telah membahas dampak risiko geopolitik terhadap pasar BRICS pendiri, studi yang berfokus pada reaksi pasar saham sektor perbankan, sektor yang sangat sensitive di negara anggota baru seperti Indonesia masih terbatas. Penelitian ini menggunakan metodologi event study untuk menganalisis kinerja harga saham dan volume perdagangan emiten perbankan sistemik terbesar di Bursa Efek Indonesia (BEI) selama jendela peristiwa 14 hari, yang mencakup tujuh hari sebelum (t−7) dan tujuh hari sesudah (t+7) pengumuman resmi. Analisis, yang menggunakan Paired Sample t-test pada data harian tiga bank sistemik (BMRI, BBCA, BBNI), secara konsisten menunjukkan bahwa peristiwa geopolitik tersebut tidak menghasilkan perbedaan yang signifikan secara statistik pada harga saham maupun volume perdagangan. Temuan kuat ini mengindikasikan bahwa bank-bank sistemik yang mapan di Indonesia memiliki tingkat ketahanan (resilience) yang tinggi terhadap informational shock geopolitik. Hasil ini konsisten dengan Efficient Market Hypothesis bentuk semi-kuat, di mana informasi publik sudah tercermin dalam harga saham sebelum pengumuman resmi. Selain itu, stabilitas volume perdagangan menunjukkan bahwa shock tersebut dianggap tidak material oleh pelaku pasar, sesuai dengan Market Microstructure Theory. Penelitian ini menegaskan peran bank sistemik sebagai barometer stabilitas pasar keuangan Indonesia dalam menghadapi risiko eksternal.
The Influence of Dynamic Capability Competence and Innovation Performance on the Sustainable Competitive Advantage of MSMEs in Papua Thamrin, Rosiyati M.H; Rahmawati, Rini; Juniar, Asrid; Nuryadin, Muhamad Rusmin
Jurnal Ilmiah Manajemen Kesatuan Vol. 13 No. 2 (2025): JIMKES Edisi Maret 2025
Publisher : LPPM Institut Bisnis dan Informatika Kesatuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37641/jimkes.v13i2.3164

Abstract

This study is novel in its holistic approach to the influence of dynamic capability competency and innovation performance on the sustainable competitive advantage of MSMEs in Papua. This focus fills the gap in the literature that tends to ignore the local context of Papua, especially regarding the adaptation of MSMEs to limitations in infrastructure, technology, and market access. By prioritizing the dimensions of economic, social, and environmental sustainability, this study not only provides academic contributions but also practical recommendations for the long-term development of MSMEs. This study uses a quantitative approach with a survey design. A total of 200 MSME actors were selected through purposive sampling, with the criteria of having implemented technology in their marketing strategies. Primary data were collected through questionnaires, while secondary data came from annual reports and government publications. The main variables—dynamic capability competency, innovation performance, and sustainable competitive advantage—were measured using a Likert scale. The analysis was conducted using path analysis with SPSS and AMOS. The results show that marketing and R&D competencies have a positive influence on innovation performance, which in turn increases sustainable competitive advantage. Innovation performance acts as a mediator in this relationship. The relationship found is unidirectional, emphasizing that competency drives performance, not the other way around. The practical implications of these findings indicate the importance of MSME investment in strengthening internal competencies, especially in marketing and R&D, to create sustainable innovation and strengthen competitive positions amidst Papua's unique limitations.