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Understanding the Dynamics of Tourist Experience through a Qualitative Lens: A Case Study Approach in Indonesia Yuli, Sri Budi Cantika
Global Review of Tourism and Social Sciences Vol. 1 No. 1 (2024): Global Review of Tourism and Social Sciences
Publisher : Yayasan Ghalih Pelopor Pendidikan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53893/grtss.v1i1.323

Abstract

This qualitative study explores the dynamics of tourist experiences in Indonesia, focusing on how cultural, environmental, and service-related factors shape tourist satisfaction and retention. Through in-depth interviews and thematic analysis, the research uncovers insights into the perceptions of both domestic and international tourists, offering practical recommendations for enhancing tourism services in Indonesia. Tourism is one of the main drivers of Indonesia’s economy, making it essential to understand tourist perceptions to promote sustainability and growth. The paper delves into multiple aspects of tourism, from cultural engagement to service quality, analyzing how these factors interact and contribute to the overall tourist experience. The results highlight key areas for improvement in the tourism sector and offer strategies for enhancing visitors' experience in Indonesia.
DETERMINANTS OF PORTFOLIO INVESTMENT IN ASEAN COUNTRIES Firmansyah, Muhammad; Yuli, Sri Budi Cantika; Boedirochminarni, Arfida; Flejterski, Stanislaw; Kurniawan, Mahrus Lutfi Adi
Jurnal Ekonomi Bisnis dan Kewirausahaan Vol 14, No 2 (2025): Jurnal Ekonomi Bisnis dan Kewirausahaan (JEBIK): Article in Progress
Publisher : Fakultas Ekonomi dan Bisnis, UNTAN

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26418/jebik.v14i2.91515

Abstract

Portfolio investment is a key indicator of financial market health and an important driver of economic growth in ASEAN through increased liquidity and competitiveness. This study analyzes the effect of credit growth, political stability, governance, and labor on portfolio investment in ASEAN countries. A quantitative design was applied using secondary panel data from seven ASEAN countries from 2017 to 2023. Data were analyzed using the System Generalized Method of Moments (SYS-GMM) to address endogeneity and dynamic panel bias. Results reveal that credit growth significantly enhances financial market liquidity and company performance, while political stability strengthens investor confidence by providing a secure environment. Good governance reduces risk and fosters economic stability, while skilled labor supports investment attractiveness. This study concludes that political stability, healthy credit management, and strong governance are essential for attracting portfolio investment flows in ASEAN. Governments in the ASEAN region must improve governance transparency, provide training programs to improve labor skills, and maintain political stability to create a conducive investment climate.JEL: E22, E51, F66.
Pemulihan Ekonomi Melalui Optimalisasi Produksi Ketan Hitam Sebagai “Mabello” Sari, Novi Primita; Yuli, Sri Budi Cantika
Jurnal Pengabdian Masyarakat Indonesia Vol 4 No 2 (2024): JPMI - April 2024
Publisher : CV Infinite Corporation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52436/1.jpmi.2263

Abstract

Lulur tradisional dapat memiliki beberapa manfaat yang bermanfaat yang baik bagi kulit, meskipun pengaruhnya pada setiap orang dapat bervariasi tergantung pada individu dan jenis kulit masing-masing. Lulur yang diproduksi ini menggunakan manfaat ketan hitam, dimana Lulur dari ketan hitam ini dapat memberikan beberapa manfaat sekali bagi kulit diantaranya adalah menghaluskan kulit, mengurangi peradangan dan mencerahkan kulit. Produk yang dihasilkan ini  memiliki nilai tambah yaitu belum ada sama sekali produk sejenis bahkan di malang raya rata-rata produk pesaing ini berada diluar pulau jawa seperti didaerah asalnya Kalimantan, sehingga besar sekali peluang usaha yang dapat dilakukan dan dikembangkan dengan tidak adanya produk pesaing sejenis disekitar. Kegiatan pendampingan proses produksi yang masih sangat tradisional serta proses packaging sudah bagus tetapi yang menjadi perhatian utama adalah lulur masih berbentuk basah sehingga bisa dilakukan adalah dalam proses packaging dan proses produksi harus diperhatikan lebih mendalam agar kemanan serta kulitas dari hasil lulur yang diproduksi terjamin. Dalam pengabdian ini kami memberikan design logo baru pada produk agar lebih menarik dan mendaftarkan merk dagang serta logo pada HAKI.
The Role of Economic Digitalization on Portfolio Investment Firmansyah, Muhammad; Boedirochminarni, Arfida; Yuli, Sri Budi Cantika; Flejterski, Stanislaw
Jurnal Ilmu Ekonomi Terapan Vol. 10 No. 2 (2025)
Publisher : Department of Economics, Faculty of Economics and Business, Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jiet.v10i2.75537

Abstract

Objective: Portfolio investment plays an important role in supporting economic growth, especially with the advancement of technology that facilitates access to information and financial transactions. This study analyzes the impact of internet users, fintech, cashless transactions, and e-commerce on portfolio investment in Indonesia. Design/Methods/Approach: This type of research is quantitative research using secondary data sourced from the Central Bureau of Statistics, Financial Services Authority (OJK), Bank Indonesia, and the Indonesian Economic and Financial Statistics. The research objects used in this study include 34 provinces in Indonesia. The data analysis method in this study uses Vector Autoregression (VAR). This analysis method consists of several tests, including the stationary test, optimum lag test, Granger causality test, Impulse Response Function (IRF), and Forecast Error Variance Decomposition (FEVD). Findings: The study results show that the four variables affect portfolio investment with varying significance levels. Internet users increase access to financial markets and investment opportunities. Fintech provides efficient digital financial services, cashless transactions offer convenience in financial management, and e-commerce creates profitable investment opportunities. Originality/Value: Unlike prior research that examined these factors in isolation, our approach provides a comprehensive understanding by integrating four variables of digitalization into a single framework for analyzing how digital transformation shapes investment behavior. Using a Vector Autoregression (VAR) method with provincial-level data from Indonesia, the study offers novel empirical evidence on the dynamic interplay between digitalization and financial markets in an emerging economy. Practical/Policy implication: The findings highlight the importance of expanding digital infrastructure, enhancing financial literacy, and strengthening regulatory frameworks to foster inclusive and secure digital investment ecosystems. Policymakers and monetary authorities can apply these insights to design policies that promote fintech innovation, ensure transaction security, and improve investor protection.
Bibliometric Exploration of Human Resource Innovation in the Tourism Industry ER Ummi Kalsum; Ignatius Septo Pramesworo; Sri Budi Cantika Yuli; Kristina Sedyastuti; Adi Mursalin
Jurnal Ilmiah Manajemen Kesatuan Vol. 13 No. 4 (2025): JIMKES Edisi Juli 2025
Publisher : LPPM Institut Bisnis dan Informatika Kesatuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37641/jimkes.v13i4.3172

Abstract

This study explores innovation in Human Resource Management (HRM) in the tourism industry through bibliometric analysis. Using 70 relevant articles published between 2020 and 2024 from the Scopus database, this study uses bibliometric techniques such as simple count statistics, citation analysis, co-citation, bibliographic coupling, and network analysis. Findings reveal that human resource innovation plays a vital role in enhancing service quality, employee productivity, and organizational effectiveness in tourism. Key innovations include the use of artificial intelligence, video interviews, virtual and augmented reality in recruitment and training, and digital performance management systems. These tools significantly improve human resource efficiency and responsiveness. Moreover, green human resource practices and innovative employee welfare programs contribute to environmental performance and staff well-being. The study also emphasizes the need for continuous theoretical development to support sustainable human resource innovation. Future research should explore the integration of decision support systems, business analytics, and automation into human resource management, as well as their impact on employee satisfaction and organizational outcomes. Additionally, studies on green human resource management and inclusive policies can provide further insights into fostering a productive and sustainable work environment in tourism. This research provides a foundational understanding of current trends and offers guidance for further advancement in human resource innovation within the tourism industry.
Pemberdayaan Ibu Rumah Tangga Melalui Usaha Kue Basah Tradisional untuk Meningkatkan Pendapatan Keluarga Sri Budi Cantika Yuli; Bambang Widadgo; Zainal Arifin
JOURNAL OF ECONOMIC AND SOCIAL EMPOWERMENT Vol. 5 No. 2 (2025): JOURNAL OF ECONOMIC AND SOCIAL EMPOWERMENT
Publisher : Program Studi Ekonomi Pembangunan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/joesment.v5i2.40350

Abstract

There are two main problems in the Housewives group in Bocek Village, Karangploso District, Malang Regency. They are how to develop an entrepreneurial spirit, so that this Housewives group can use their time by opening business opportunities that generate additional household finances and technology improvement through the assistance of cooking utensils, stoves, packaging plastics, to obtain efficiency and effectiveness from the production process. The solution offered to overcome the problems is training and mentoring on making various traditional wet cake products such as Chocolate Banana (Piscok), Pastel, and Mayonnaise Risoles with good taste variations in the scope of processing, packaging, and marketing so that they can be attractive and appeal to new customers/consumers, especially being able to follow the tastes of the community/consumers. The method of activities that will be carried out by the PIM Team is training and mentoring for partners. Training and mentoring include: increasing knowledge about entrepreneurship, fostering entrepreneurial spirit for Housewives groups, and pioneering household businesses in making wet cakes such as Chocolate Banana (Piscok), Pastel, and Mayonnaise Risoles.
Pemberdayaan Wirausaha Perempuan melalui Peningkatan Kapasitas Pemasaran Digital di Desa Kepuharjo, Kecamatan Karangploso Sri Budi Cantika Yuli; Bambang Widadgo; Zainal Arifin
JOURNAL OF ECONOMIC AND SOCIAL EMPOWERMENT Vol. 6 No. 1 (2026): JOURNAL OF ECONOMIC AND SOCIAL EMPOWERMENT
Publisher : Program Studi Ekonomi Pembangunan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/joesment.v6i1.43560

Abstract

This community service program focuses on empowering women entrepreneurs in Desa Kepuharjo, Karangploso District, Malang Regency through social selling training. The program is a continuation of previous entrepreneurship training led by Ibu Zulaikah, where the group successfully started a brownie baking business. However, they face challenges in digital marketing knowledge and effective communication skills to build consumer relationships. The main problems are low understanding of digital marketing strategies, particularly in using social media to increase sales, and limited skills in effective communication with consumers. To address these issues, the program is designed to provide understanding about social selling strategies, including how to utilize digital platforms to promote products. The methods used include socialization, training, technology implementation, and continuous mentoring. The expected outcomes include increased product sales, strengthened brand awareness, and enhanced digital skills among participants. Through this training, women entrepreneurs in Desa Kepuharjo are expected to become more economically independent and improve their family's quality of life.
Rational and Irrational Factors Influencing Bank Stock Prices: GMM Approach Muhammad Firmansyah; Sri Budi Cantika Yuli; Stanislaw Flejterski
Economics Development Analysis Journal Vol. 14 No. 4 (2025): Economics Development Analysis Journal
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v14i4.29643

Abstract

In the dynamic and volatile capital market, understanding the factors that influence stock prices is essential for making informed investment decisions. Stock price movements are influenced by rational, fundamental information, irrational investor behavior, and sentiment. This study aims to analyze the influence of rational and irrational factors on stock prices in the Indonesian banking sector during the 2020-2024 period. The rational variables include price-to-book value (PBV), financial literacy, technology adoption, and interest rates, while irrational influence is represented by investor sentiment or mood. Using a dynamic panel data approach with the Generalized Method of Moments (GMM), this study examines four major Indonesian banks: Bank Mandiri, BNI, BRI, and BCA. The results show that PBV, financial literacy, and technology adoption significantly affect stock prices, while interest rates have a significant negative effect. Additionally, investor sentiment has a considerable positive impact, indicating that emotional and psychological factors can drive stock price movements beyond fundamental valuation. This research presents a novel analytical model that integrates rational and irrational perspectives, offering a comprehensive understanding of stock price volatility in emerging markets. It suggests that investors, companies, and policymakers must consider both fundamental indicators and market sentiment simultaneously to make accurate, timely investment decisions.