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The Policy Landscape: Enabling Cultural Heritage Businesses Through Government Initiative and Central Bank Intervention STEELYANA, Evy
Journal of Tourism Economics and Policy Vol. 4 No. 3 (2024): Journal of Tourism Economics and Policy (July - September 2024)
Publisher : PT Keberlanjutan Strategis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38142/jtep.v4i3.1084

Abstract

This study examines the synergistic efforts of government regulations and Bank Indonesia (BI) initiatives in safeguarding Batik, as an intangible heritage, across diverse Indonesian provinces. Central and local government regulations underscore Batik's crucial role in preserving artistic traditions and national identity. Qualitative analysis is used by policies mapping technic and content analysis from the secondary data available in public domain. This study reveals a dedicated focus on cultural preservation by central government of which proven by multiple laws, a Presidential Decree, and Ministerial Regulations from various ministries. Regional policies align with central regulations, as evidenced by local government regulations in 26 provinces, showcasing tailored approaches and the local autonomy of provincial governments in upholding cultural perseverance. Bank Indonesia's comprehensive support aims for a vibrant and sustainable future by promoting Micro, Small, and Medium Enterprises (MSMEs) development through exhibitions, financial inclusion, and collaboration with local governments. Specific theme events relate to each region, such as Festival Meurah Silu in Aceh and Minang CrEFt in West Sumatra, highlight BI's dual focus on cultural preservation and economic empowerment. In conclusion, Indonesian government regulations in central and local government actively foster Batik preservation, ensuring the sustainability of cultural heritage and MSMEs development and Bank Indonesia's initiatives, intertwined with cultural preservation and economic empowerment.
The Influence of Intellectual Capital and Profitability on Company Value (Empirical Study on Telecommunication and Banking Companies Listed on the Indonesia Stock Exchange in 2018-2022) MAHARANI, Devinda Setya; STEELYANA, Evy
Journal of Tourism Economics and Policy Vol. 5 No. 2 (2025): Journal of Tourism Economics and Policy (April - June 2025)
Publisher : PT Keberlanjutan Strategis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38142/jtep.v5i3.1224

Abstract

Advances in technology and science make competition between one company and another more competitive. Intellectual Capital (IC) is an intangible asset that can make a company superior if the company is able to utilize Intellectual Capital properly and efficiently. Profitability is used as an illustration of the company's financial condition with analytical tools to see whether the profitability of a company is good or bad. The success of a company is not only seen from the profitability of a company, but also can be seen from the resources in a company. The view that Intellectual Capital can affect company profitability and provide value to the company states that companies that are able to manage knowledge resources well, companies can compete competitively and have competitive advantages that affect profitability (resource based theory).