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Journal : West Science Interdisciplinary Studies

The Effect of Sharia Financing Availability on Economic Growth of MSMEs in Sukabumi Moh Gifari Sono; Eko Sudarmanto; Dyah Palupiningtyas; Efendi Sugianto
West Science Interdisciplinary Studies Vol. 1 No. 11 (2023): West Science Interdisciplinary Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsis.v1i11.385

Abstract

This research investigates the effect of the availability of Islamic financing on the economic growth of Micro, Small, and Medium Enterprises (MSMEs) in Sukabumi. A sample of 197 MSMEs participated in the study, providing data on Islamic financing utilization, financial performance indicators, and other relevant variables. The analysis employs Structural Equation Modeling with Partial Least Squares (SEM-PLS) to examine the relationships between these variables. The results reveal a significant and positive relationship between the availability of Islamic financing and the economic growth of MSMEs. Additionally, the study uncovers the mediating role of financial performance indicators, indicating that improved financial performance acts as a mechanism through which Islamic financing positively influences economic growth. Furthermore, the moderation analysis highlights the varying impact across different enterprise sizes, with medium-sized enterprises experiencing a more pronounced positive effect. The practical implications of these findings are discussed in the context of policy, financial institutions, and MSME owners. Policymakers can use the results to design targeted policies, financial institutions can refine their strategies, and MSME owners gain insights into the benefits of utilizing Islamic financing.
The Effect of Training Quality, Work Environment, and Gender Equality Policy on Loyalty of Female Workers in Ethnic Tourism in Yogyakarta Siti Annisa Wahdiniawati; Moh Gifari Sono; Haryadi Haryadi
West Science Interdisciplinary Studies Vol. 2 No. 10 (2024): West Science Interdisciplinary Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsis.v2i10.1379

Abstract

This study investigates the effects of Training Quality, Work Environment, and Gender Equality Policy on the loyalty of female workers in the ethnic tourism sector of Yogyakarta, Indonesia. Utilizing a quantitative approach, data were collected from 150 female employees through structured questionnaires, and analyzed using Structural Equation Modeling (SEM). The results reveal significant positive relationships between all three independent variables and employee loyalty. Training Quality exhibited the strongest influence (β = 0.663, p < 0.001), followed by Gender Equality Policy (β = 0.470, p < 0.001) and Work Environment (β = 0.335, p < 0.01). The findings underscore the importance of investing in effective training programs, fostering a supportive work environment, and implementing robust gender equality policies to enhance employee loyalty. This research contributes to the understanding of workforce dynamics in the tourism sector and offers practical implications for managers seeking to improve retention and performance.