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Capital Market Development and Labor Absorption in the Financial Sector: A Systematic Literature Review Rita Rita; Dhenok Darwanti; Evi Okli Lailani; Siti Maryam; Patria Adiguna
Jurnal Ilmiah Ekonomi Manajemen & Bisnis Vol. 4 No. 2 (2026): May 2026
Publisher : LPPM Sekolah Tinggi Ilmu Ekonomi Ganesha

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.60023/c275cm42

Abstract

This study examines the relationship between capital market development and labor absorption in the financial sector through a systematic literature review approach. The originality of this research lies in its specific focus on the sectoral employment impact of capital market development within the financial industry, an area that has received limited comprehensive synthesis in prior studies. The objective of this study is to identify the patterns of relationship, transmission mechanisms, and structural changes associated with capital market expansion and employment dynamics in the financial sector. The research method applies a systematic literature review by analyzing peer-reviewed journal articles indexed nationally and internationally within the period 2000–2024. The empirical findings indicate that capital market development generally contributes positively to labor absorption through the expansion of financial institutions, increased trading activities, and financial product innovation. However, technological advancement, digitalization, and automation significantly reshape labor demand toward technology-based and analytical competencies. The implications of this study emphasize the importance of aligning capital market development policies with human capital enhancement strategies to ensure inclusive and sustainable job creation in the financial sector
Regulatory Capacity of Local Governments in Resolving Contemporary Environmental Disputes through Integrated Restorative Approaches and Civil Governance Mechanisms Moh. Mujibur Rohman; Patria Adiguna; Arvy N. Osma
Green Social: International Journal of Law and Civil Affairs Vol. 1 No. 3 (2024): International Journal of Law and Civil Affairs
Publisher : International Forum of Researchers and Lecturers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70062/greensocial.v1i3.257

Abstract

This study explores the effectiveness of restorative and civil governance models in resolving environmental disputes at the local government level. As environmental conflicts become more complex and widespread, traditional legal approaches often fail to provide quick, sustainable solutions. Restorative governance models, which prioritize community involvement, collaboration, and the restoration of relationships, offer a promising alternative to adversarial legal proceedings. The research combines policy analysis and semi-structured interviews with local government officials, mediators, and community representatives to assess the implementation and outcomes of these models in real-world contexts. Findings indicate that restorative practices, when integrated with civil governance mechanisms, significantly reduce dispute resolution times (a 40% improvement) and enhance community satisfaction compared to traditional litigation processes. These models foster a more inclusive and cooperative environment, ensuring that all stakeholders, including local communities, are actively involved in decision-making processes. However, challenges such as legal framework rigidity, political pressures, and resource limitations still impede the widespread adoption of restorative practices. The study concludes with recommendations for integrating restorative approaches into local environmental policies, advocating for legal reforms and enhanced resource allocation to support these methods. Limitations of the study include its regional focus and the need for broader, longitudinal research to assess the scalability of restorative and civil governance models across different geographic contexts and environmental issues.
Pengalaman Pelanggan Digital dan Personalisasi Layanan dalam Membangun Loyalitas Konsumen melalui Kepercayaan Digital pada Platform E-Commerce Neila Aisha; Patria Adiguna; Siti Mulasih
Jurnal Kewirausahaan Cerdas dan Digital Vol. 2 No. 2 (2025): Jurnal Kewirausahaan Cerdas dan Digital
Publisher : Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/jukerdi.v2i2.1513

Abstract

The rapid growth of e-commerce has intensified competition among digital platforms in building and maintaining consumer loyalty. Digital customer experience and service personalization have become increasingly important for creating relevant interactions, while digital trust remains essential due to concerns regarding security, privacy, and transaction reliability. This study examines the effects of digital customer experience and service personalization on consumer loyalty, both directly and indirectly through digital trust. A quantitative explanatory research design was employed involving 200 e-commerce consumers selected through purposive sampling. Data were collected using a five-point Likert-scale questionnaire and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The findings indicate that digital customer experience and service personalization positively affect digital trust and consumer loyalty. Digital trust also positively influences consumer loyalty and partially mediates the effects of digital customer experience and service personalization on loyalty. These findings demonstrate that consumer loyalty is shaped not only by convenient and personalized digital interactions but also by consumers’ confidence in platform reliability. The study implies that e-commerce platforms should integrate customer experience improvement and service personalization with stronger security, privacy protection, and transparency to sustain long-term consumer relationships.