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BEYOND THE GREEN NARRATIVE: ESG DISCLOSURE AND GREENWASHING INDICATIONS IN INDONESIAN SUSTAINABILITY REPORTS Armadan, Avant Muhammad; Fitriaty; Muhammad Haris Saputra
Journal of Business Studies and Management Review Vol. 9 No. 2 (2026): JBSMR, Vol 9 No.2 June 2026
Publisher : Management Department, Faculty of Economics and Business, Universitas Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22437/jbsmr.v9i2.58298

Abstract

This study examines the extent and character of Environmental, Social, and Governance (ESG) disclosure in sustainability reports issued by companies included in the IDX ESG Leaders index, and evaluates disclosure patterns that may signal greenwashing. A sequential explanatory mixed-methods design was used. The quantitative stage developed an ESG Disclosure Index by coding indicators mapped from the Global Reporting Initiative Standards with a binary score of one for disclosed items and zero for undisclosed items. The qualitative stage used document analysis supported by NVivo 12 Pro to interpret the traceability, consistency, and substantive depth of selected disclosures. The observation period covered 2022–2024. The average total disclosure index increased from 50.93% in 2022 to 56.32% in 2023 and 64.30% in 2024. Nevertheless, the growth was uneven. The qualitative findings revealed transition gaps in GRI references, inconsistent or duplicated disclosure codes, inaccessible cross-references, and exclusions justified as non-material, irrelevant, or confidential. Symbolic and substantive disclosures also appeared within the same report: some claims were supported by data, targets, mechanisms, and evaluation, while others relied mainly on commitments and positive framing. The study therefore does not label individual firms as greenwashers. Instead, it identifies disclosure conditions that warrant critical scrutiny, particularly when a strong sustainability image is not matched by balanced, traceable, and verifiable evidence. Integrating index-based measurement with qualitative interpretation provides a more cautious basis for evaluating sustainability reporting credibility.
Post-COVID-19 improvement strategies for strengthening the competitiveness of MSMEs in the tourism area of Jambi Fitriaty Fitriaty; Tona Aurora Lubis; Musnaini; Dessy Elliyana; Muhammad Haris Saputra
Jurnal Manajemen dan Pemasaran Jasa Vol. 16 No. 1 (2023): Maret
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/jmpj.v16i1.15674

Abstract

This study aims to analyze and formulate strategies strengthen competitiveness after the COVID-19 pandemic. This study used a mix method with two approaches, namely a qualitative approach interviews as information to make a SWOT analysis and quantitative by providing questionnaires to MSME actors around tourist areas in Jambi City, 120 respondents were obtained, a quantitative approach using SEM-PLS as a data analysis tool and forming a model for developing a strategy to strengthen the competitiveness of SMEs after the pandemic. The results of this study obtain several recommended strategies for strengthening competitiveness, namely increasing innovation, improving product quality to gain competitive advantage, improving supply chains, having strength in the distribution section from raw materials to consumers, providing training to improve employee capabilities, taking advantage of opportunities by become a business actor who is adaptive to all conditions. Based on the results of quantitative analysis, a model is formed that contributes to strengthening the competitiveness of MSMEs after the COVID-19 pandemic, namely product quality, capital, supply chains, market diversification and skills that have a very strong relationship to strengthening MSMEs' power.
Pengaruh Komisaris Independen dan Kepemilikan Institusional terhadap Kinerja Perusahaan Peran Mediasi Transformasi Industri 4.0 Muhammad Haris Saputra; Rama Dhonal; Kurnia Permana
Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah Vol 10 No 5 (2025)
Publisher : Universitas Muhammadiyah Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/jms.v10i5.29748

Abstract

Penelitian ini menganalisis pengaruh komisaris independen dan kepemilikan institusional terhadap kinerja perusahaan dengan menempatkan transformasi Industri 4.0 sebagai variabel mediasi. Berlandaskan teori keagenan, keberadaan komisaris independen dan peran pemegang saham institusional dipandang mampu memperkuat fungsi pengawasan, menekan biaya keagenan, serta meningkatkan kualitas pengambilan keputusan strategis. Transformasi Industri 4.0 merefleksikan perubahan terencana dalam proses bisnis, teknologi, dan tata kelola operasional melalui pemanfaatan sistem digital terintegrasi, Internet of Things, analitik data, otomatisasi cerdas, dan integrasi rantai pasok. Penelitian ini menggunakan data panel perusahaan manufaktur selama periode 2019–2023 dan dianalisis dengan regresi panel two-way fixed effects serta uji mediasi berbasis produk koefisien menggunakan metode bootstrap. Hasil empiris menunjukkan bahwa komisaris independen dan kepemilikan institusional berpengaruh positif terhadap tingkat transformasi Industri 4.0 dan kinerja perusahaan. Selain itu, transformasi Industri 4.0 berpengaruh positif terhadap kinerja perusahaan dan terbukti memediasi secara parsial pengaruh komisaris independen dan kepemilikan institusional terhadap kinerja. Temuan ini menegaskan bahwa peningkatan efektivitas tata kelola perusahaan akan lebih optimal apabila disinergikan dengan strategi transformasi Industri 4.0 yang terukur dan berorientasi pada penciptaan nilai jangka panjang.
Analisis Reaksi Pasar Modal pada Sektor Perbankan Terhadap Kebijakan Pemerintah Tentang Penyaluran Dana Rp 200 Triliun (Event Study pada Saham Himbara) Ana Julita; Fitriaty; Muhammad Haris Saputra
Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah Vol 11 No 1 (2026)
Publisher : Universitas Muhammadiyah Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/jms.v11i1.30860

Abstract

This study aims to analyze the reaction of the capital market through abnormal returns and trading volume activity to the announcement of the policy of distributing funds of Rp200 trillion to state-owned banks (HIMBARA) announced by the Minister of Finance of the Republic of Indonesia on September 10, 2025. The research was conducted with a time span for seven consecutive days before, D-day to 7 days after the announcement of the event. This study involved five banks with a total sampling method. The results of the paired t-test The results of the study indicate that there was no significant change in abnormal returns and trading volume activity before and after the announcement of the Rp200 trillion fund disbursement policy.
PENGARUH KEPERCAYAN DAN PERCEIVED VALUE TERHADAP MINAT PEMBELIAN PRODUK PINKFLASH PADA GENERASI Z DI KOTA JAMBI Melda Melda; Novita Ekasari; Muhammad Haris Saputra
Jurnal Ekonomi Kreatif Indonesia Vol. 4 No. 2 (2026): April
Publisher : PT. Tangrasula Tekno Kreatif

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61896/jeki.v4i2.209

Abstract

ABSTRAK Minat pembelian konsumen pada produk kosmetik tidak hanya dipengaruhi oleh pertimbangan nilai yang dirasakan, tetapi juga oleh tingkat kepercayaan terhadap produk, terutama dalam konteks meningkatnya perhatian konsumen terhadap kualitas dan keamanan. Meskipun kedua faktor tersebut telah banyak dikaji, pengujian pada objek spesifik dengan karakteristik konsumen tertentu masih relevan untuk dilakukan. Oleh karena itu, penelitian ini bertujuan untuk menguji pengaruh kepercayaan dan perceived value terhadap minat pembelian produk PinkFlash pada Generasi Z di Kota Jambi. Penelitian ini menggunakan pendekatan kuantitatif dengan metode survei terhadap 100 responden yang dipilih melalui teknik purposive sampling. Data dianalisis menggunakan regresi linier berganda. Hasil penelitian menunjukkan bahwa kepercayaan dan perceived value secara parsial berpengaruh positif dan signifikan terhadap minat pembelian. Selain itu, kedua variabel tersebut juga terbukti berpengaruh secara simultan terhadap minat pembelian. Temuan ini menunjukkan bahwa kepercayaan dan perceived value merupakan faktor yang relevan dalam menjelaskan minat pembelian konsumen pada objek penelitian yang diteliti. ABSTRACT Purchase intention in cosmetic products is influenced by consumers’ evaluative considerations, particularly trust and perceived value. In the context of increasing consumer attention to product quality and safety, these factors become important in shaping purchasing decisions. Although both variables have been widely examined, empirical testing within a specific product context and consumer segment remains relevant. This study aims to examine the effect of trust and perceived value on the purchase intention of PinkFlash cosmetic products among Generation Z consumers in Jambi City. A quantitative approach was employed using a survey method, with data collected from 100 respondents through purposive sampling. The data were analyzed using multiple linear regression. The results indicate that trust and perceived value each have a positive and significant effect on purchase intention. Furthermore, both variables simultaneously have a significant effect on purchase intention. These findings suggest that trust and perceived value are relevant factors in explaining consumer purchase intention within the context of the studied object
Pemberdayaan Masyarakat Dalam Disversifikasi Olahan Produk Ayam Potong Di Desa Pematang Gajah Kecamatan Jambi Luar Kota Kabupaten Muaro Jambi: Pengabdian Dessy Elliyana; Dwi Kurniawan; Try Syeftiani; Muhammad Haris Saputra; Kurnia Permana
Jurnal Pengabdian Masyarakat dan Riset Pendidikan Vol. 4 No. 3 (2026): Jurnal Pengabdian Masyarakat dan Riset Pendidikan Volume 4 Nomor 3 (Januari 202
Publisher : Lembaga Penelitian dan Pengabdian Masyarakat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/jerkin.v4i3.4134

Abstract

UMKM merupakan salah satu pilar utama perekonomian Indonesia, menyumbang lebih dari separuh PDB nasional dan menyerap sebagian besar tenaga kerja. Namun, banyak UMKM di daerah masih beroperasi pada rantai nilai rendah yang ditandai oleh keterbatasan inovasi, minimnya pengelolaan usaha, dan rendahnya literasi digital. Permasalahan serupa ditemukan pada kelompok UMKM penjual ayam potong di Desa Pematang Gajah, Kabupaten Muaro Jambi, yang hanya menjual ayam dalam bentuk mentah tanpa diversifikasi produk dan belum menerapkan manajemen usaha yang memadai. Program pengabdian masyarakat ini menggunakan pendekatan Participatory Action Research (PAR) untuk mengidentifikasi kebutuhan, meningkatkan kapasitas pelaku usaha, serta merumuskan tindakan perbaikan berbasis partisipasi. Kegiatan dilakukan melalui observasi lapangan, pelatihan sanitasi dan good handling practices, penguatan manajemen keuangan dasar, serta pengenalan potensi diversifikasi produk unggas. Hasil kegiatan menunjukkan bahwa pelaku usaha berada dalam kondisi low-value chain trap, namun pendekatan PAR mampu memfasilitasi transformative learning melalui refleksi kritis, peningkatan kesadaran usaha, dan penyusunan rencana aksi sederhana seperti pencatatan keuangan, peningkatan sanitasi, dan uji coba produk olahan. Program ini menegaskan bahwa intervensi partisipatif dapat menjadi strategi efektif untuk memperkuat UMKM lokal secara berkelanjutan, sekaligus meningkatkan nilai tambah dan daya saing ekonomi masyarakat.
DIGITAL TRANSFORMATION IN THE IMPLEMENTATION OF VILLAGE INFORMATION SYSTEMS IN MEKAR SARI VILLAGE Try Syeftiani; Yudi; Saadah, Mar Atun; Haris Saputra, Muhammad; Permana, Kurnia
Journal of Business Studies and Management Review Vol. 9 No. 2 (2026): JBSMR, Vol 9 No.2 June 2026
Publisher : Management Department, Faculty of Economics and Business, Universitas Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22437/jbsmr.v9i2.59020

Abstract

The provision of services to rural communities is currently driven by developments in information technology, which require village governments to undertake digital transformation in the implementation of governance and public services. The Village Information System (SSI) is one manifestation of this digital transformation in village government, utilizing technology to support administrative services, data management, and budget transparency. Many previous studies have focused on digital transformation at the central or regional level, but there is limited research that highlights how this process occurs at the village government level as the leading service provider. This study aims to examine the extent to which digital transformation has been implemented in the implementation of the Village Information System (OpenSID) in Mekar Sari Village, Muaro Jambi Regency, and to identify factors that support and hinder this process. The approach used is a qualitative case study method, utilizing data collection techniques such as interviews and document reviews. The findings indicate that the use of OpenSID in Mekar Sari Village has expanded to various service functions, ranging from population data, correspondence, development, assets, to budget transparency. However, technical maintenance of the system remains concentrated in one or two key personnel. This study also reveals that the success of digital transformation in villages is determined by several factors including economic, technical, social, organizational and institutional aspects, as well as legal and regulatory systems. The contribution of this research shows that the success of digital transformation in villages depends not only on the availability of technology, but also on the distribution of operational usage capabilities and the sustainability of institutionalized technical management.
Co-Authors Ahmad Nur Budi Utama Ajidirman Ana Julita Andang Fazri Armadan, Avant Muhammad Asep Machpudin Carissa Margaretha Cua, sandi Delya, Alsa Dessy Elliyana Dwi Anggara, Agus Dwi Kurniawan Eddy Suratno Eddy Suratno Effiyaldi Elliyana, Dessy Erwita Dewi Fadillah, Yosi Fahdillah, Yosi Favian, Lucas Febby Nanda Utami Ferdinand, Felix Firmasari, Puja Fitri Chairunnisa Fitriati, Fitriaty Fitriaty Fitriaty Fitriaty, Fitriaty Geneva, Jessica Priscilla Guspianto Guspianto Hartiwi, Yessi Helena Chandra Wati Honey Virginia Icha Saswyta Manurung Irfan Hassandi Ivan Cristhian Ivori Gracia Simanjuntak Jimmy Fernando Kadar, Melani Kanaya Puspa Kirana Lie Kanaya Puspita Lie Kurnia Permana Kurnia Permana Kurnia Permana Laras Sabrina, Hanan Larissa, Luna Laila Lie, Kanaya Puspa Kirana Mar Atun Saadah Marcel Rivaldo Marcellino Christian Mardiana R Maryati Ningsih Maryati Ningsih Masgo Melda Melda Melisa Meri Yarni Mery Mira Gustiana Pangestu Moh Ihsan Moh Ihsan Musnaini Musnaini Musnaini musnaini musnaini Narvanco, Youngken Nia Rahayu Nia Rahayu Nicholas Raymond Sentosa Novita Ekasari Permana, Kurnia Puja Firmasari R, Mardiana Rahman, Aldi Aulia Rama Dhonal Rista Aldilla Syafri ROBY SETIAWAN Rofi'i, Imam Salsa, Salsandra Jihan Saputra, Aldo Shofia Amin Sigit Indrajaya Sry Rosita Sukmawati, Aegisia Tan, Fiusdry Tio, Michael Tona Aurora Lubis Try Syeftiani Usmayanti, Vivi Vania Fellicia Novella Vidyan Lim Vivi Usmayanti Wahya Iffa Lubis Widiatmoko, Agus Wiskandar Yamir , Septi Novi Yap, Marybiet Yonatan, Terence Adi Yosi Fadillah yosi fahdillah Yossinomita Yudi Yulia Dwi Kartika Yuliana Yuliana Yuliusman Zhee Reylia Vauzan