cover
Contact Name
Muhammad Muhajir Aminy
Contact Email
azeer.elkhawarizm@uinmataram.ac.id
Phone
+628970990790
Journal Mail Official
jed@uinmataram.ac.id
Editorial Address
Jl. Gajah Mada No. 100 Jempong Baru, Kec. Sekarbela, Kota Mataram, NTB, Indonesia
Location
Kota mataram,
Nusa tenggara barat
INDONESIA
Journal of Enterprise and Development (JED)
ISSN : 27153118     EISSN : 26858258     DOI : https://doi.org/10.20414/jed
Core Subject : Economy,
Journal of Enterprise and Development (JED) (p-ISSN: 2715-3118/ e-ISSN: 2685-8258) is an international peer-reviewed journal that publishes high-quality research in economics, finance, management, entrepreneurship, and tourism, with a particular focus on enterprise development, innovation, public policy, and sustainable economic development. The journal promotes theoretically grounded, methodologically rigorous, and policy-relevant scholarship that contributes to academic debate and practical understanding of development issues in both emerging and developed economies.
Articles 263 Documents
The role of permit relaxation policy in boosting micro-small business income during the COVID-19 Syafrizal Syafrizal; Sartika Djamaluddin
Journal of Enterprise and Development (JED) Vol. 5 No. 3 (2023): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v5i3.7239

Abstract

Purpose — This study investigates the effect of permit relaxation policy on micro and small businesses income by considering other factors, such as business capital, labor, business area, business sector, location ownership and business facilities.Method — This study employs quantitative methods by analyzing panel data related to the application for micro and small business permits, specifically focusing on the relaxation program, which was administered by the Department for Investment and Integrated One Stop Services of the Jakarta Capital City Government. The data covers the period from 2020 to 2022 and encompasses all areas, including five cities and one regency, with permits issued by 267 Service Units in Jakarta.Result — The findings of this study, derived from regression analysis and bivariate analysis, reveal a notable positive impact of business permits obtained through the relaxation program on the increase in business income. Specifically, businesses that obtained permits from the relaxation program experienced a higher income of 5.27% compared to those without permits. Furthermore, factors such as capital, labor, and the business sector collectively contribute to a significant positive effect on enhancing business income.Contribution — This research contributes to the existing literature by addressing the gap in previous studies that have not examined the impact of permit relaxation policy on the income of micro and small businesses. It offers valuable insights and knowledge to enhance understanding in this area of study.
Investigating the implementation of Panji culture-based cultural entrepreneurship I Dewa Gde Satrya
Journal of Enterprise and Development (JED) Vol. 5 No. 3 (2023): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v5i3.7279

Abstract

Purpose — This study aims to explore the implementation of Panji culture-based cultural entrepreneurship.Method — This study used a qualitative method, gathering primary data through interviews with Panji mask dance artists and experts at Sanggar Tari Asmorobangun, Panji museum in Malang, and Gubug Wayang Museum in Mojokerto. Secondary data was obtained from relevant literature.Result — The implementation of Panji cultural entrepreneurship involves various aspects such as museums showcasing Panji masks and artifacts, the integration of Panji performances in dance studios and art galleries, and the promotion of Panji culture through handicrafts. These initiatives aim to preserve and promote Panji culture, educate younger generations, attract tourists, and contribute to the creative economy in Indonesia.Contribution — This study contributes by discussing the implementation of Panji culture-based cultural entrepreneurship, filling a research gap in the literature and providing insights into the strategies and initiatives employed in preserving and promoting Panji culture.
Fashion engagement and pro-environmental attitudes: drivers of sustainable fashion consumption in Indonesia Ahmad Nuh; Muhammad Misbakul Munir; Muhibban Muhibban
Journal of Enterprise and Development (JED) Vol. 5 No. 3 (2023): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v5i3.7292

Abstract

Purpose — The purpose of this research is to explore the relationship between fashion involvement, pro-environmental attitudes, and consumption of sustainable fashion in the Indonesian market.Method — The research was conducted in the Capital City of Jakarta and satellite cities, involving 236 respondents from three generational groups (Gen X, Gen Y, Gen Z). The study employed surveys to gather data on fashion involvement, pro-environmental attitudes, and sustainable fashion consumption.Result — The findings of the study indicate that both fashion engagement and pro-environmental attitudes have a significant and positive relationship with the consumption of sustainable fashion in the Indonesian market. The research also highlights the importance of social norms and attitudes in influencing sustainable fashion purchasing behavior.Contribution — This research provides valuable insights into the factors driving sustainable fashion consumption in Indonesia through the influence of fashion engagement and pro-environmental attitude variables on three different generational groups, namely gen X, gen Y, and gen Z in Indonesia.
Ethical leadership, adhocratic culture, and innovative work behavior: Drivers of company performance Estyana Puspita Aprilianty; Jati Waskito
Journal of Enterprise and Development (JED) Vol. 5 No. 3 (2023): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v5i3.7464

Abstract

Purpose — This study aims to analyze the effects of ethical leadership and adhocratic culture on company performance, with innovative work behavior serving as a mediating factor.Method — This study employed a quantitative approach, with permanent employees from the Social Security Agency on Health (BPJS) company as survey respondents, constituting 70% of the sample. The sampling technique utilized purposeful saturation sampling. Validity and dependability of the outer model were evaluated using SmartPLS. The hypotheses were tested using the output of the SmartPLS inner model.Result — We found that ethical leadership and innovative work behavior have a significant influence on company performance. However, our analysis suggests that adhocratic culture does not exert a significant impact on company performance. In terms of the relationship between ethical leadership, adhocratic culture, and innovative work behavior, we observed that both ethical leadership and adhocratic culture play an important role in shaping innovative work behavior. However, our findings indicate that innovative work behavior does not serve as a positive and substantial mediator between ethical leadership and company performance. Similarly, we found that innovative work behavior does not act as a positive and substantial mediator between adhocratic culture and company performance.Contribution — This study makes an academic contribution by revealing the specific impacts of ethical leadership and adhocratic culture on company performance, highlighting the importance of ethical leadership and innovative work behavior.
What factors affecting firm value during IPOs? A study at the Indonesia Stock Exchange Abdul Latif; Indra Permana; Zulfa Zakiatul Hidayah
Journal of Enterprise and Development (JED) Vol. 5 No. 3 (2023): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v5i3.7519

Abstract

Purpose — The objective of this study is to examine the factors that impact the value of a company over both the short and long term. These factors include variables such as the company's size, the reputation of the underwriter and auditor, the industry sector in which it operates, and the number of shares outstanding during the initial public offering (IPO).Method — In this study, a quantitative causality approach with analytical properties is employed as the method of analysis. The population under investigation consists of companies that conducted initial public offerings (IPOs) between the years 2020 and 2022. A sample size of 113 companies is selected using a specific sampling approach for research purposes. To analyze the data, a binary logistic regression model is applied, along with the use of statistical tools.Result — The conducted research has yielded several findings. Firstly, it indicates that the variable of company size does not have a significant impact. Secondly, the variable of underwriter reputation also does not have a significant effect. Thirdly, the variable of auditor reputation does not significantly influence firm value. Fourthly, the stock variable does not significantly affect firm value. Lastly, the research highlights that the industry sector variable has a significant impact on firm value.Contribution — The research is expected to contribute to the academic field and benefit capital market players by addressing the factors that should be considered when making investment decisions in the capital market.
Do customer knowledge and customer trust in IDIC affect bank customer retention? Evidence from Indonesia Muhammad Simba Sembiring; Sisi Maghfirah Rahmah Sembiring
Journal of Enterprise and Development (JED) Vol. 5 No. 3 (2023): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v5i3.7557

Abstract

Purpose — The primary focus of this research was to examine the impact of customer knowledge and customer trust in Indonesia Deposit Insurance Corporation (IDIC) on the retention of bank customers in Indonesia.Method — The study employed a cross-sectional design and quantitative survey study. Questionnaires were distributed randomly to respondents via social media. 141 respondents from bank customers in Indonesia have been analyzed. Hypothesis testing is done by multiple linear regression analysis with structural equation modeling and SmartPLS as a statistical tool.Result — The results show that the average bank customer in Indonesia has sufficient knowledge about the role, function, task, and performance of IDIC. However, knowledge needs to be improved because some customers do not understand it well. The results provide empirical evidence that customer knowledge and customer trust in IDIC have positive influence on bank customer retention.Contribution — There is a new concept with the integration of two theories that will benefit future research. The findings contribute to addressing research gaps that have inconsistent results. The findings also contribute to improving customer knowledge and customer trust as a solution to the impact of the COVID-19 pandemic and the global financial crisis. This study supports the G20 in strengthening financial safety nets, where multilateral development banks are encouraged to strengthen their financing systems to face global economic challenges.
Optimization of micro and macro economic empowerment within the framework of Islamic economics: An integrative study Mohamad Ghozali; Mohamad Anton Athoillah
Journal of Enterprise and Development (JED) Vol. 5 No. Special-Issue-1 (2023): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Purpose — This research aims to analyze micro and macro-economic empowerment within the Islamic economic framework, specifically in Indonesia. The study discusses the fundamental principles of economic empowerment in Islam and highlights the role of both micro and macro aspects in establishing a resilient and sustainable economic structure.Method — This study conducts a literature review to gather, analyze, and synthesize relevant literature sources on the research topic. Various sources such as journal articles, books, reports, theses, and policy documents are searched using academic databases like Google Scholar, Springer, Science Direct, and Scopus. The review involves critically assessing research methodology, findings, and conclusions, and identifying major themes in the literature.Result — This research identifies key barriers such as limited understanding and awareness, underdeveloped infrastructure, and a lack of diverse and innovative financial products. The proposed solutions and strategies include improving Islamic economic education and literacy, developing a broader array of innovative financial products, enhancing infrastructure, and establishing supportive policies and regulations. This study asserts that an economic empowerment strategy in line with Islamic principles can significantly contribute to Indonesia's economic development and foster financial inclusion as well as socio-economic justice.Contribution — This research offers fresh insights into micro and macro-economic empowerment within the Islamic economic framework, with a specific focus on the Indonesian context. The study explicitly integrates micro and macro aspects, which has been rare in previous research, and reveals how these two facets interact and contribute to sustainable economic development.
Nexus between halal certificate, competitive advantage, and entrepreneurial orientation of SMEs in Food and Beverage industry Nanang Apriliyanto; Nanik Hidayati
Journal of Enterprise and Development (JED) Vol. 5 No. Special-Issue-1 (2023): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v5iSpecial-Issue-1.7635

Abstract

Purpose — This research aimed to support Small and Medium Enterprises (SMEs) by investigating the correlation between obtaining halal certification, adopting an entrepreneurial orientation, and gaining a competitive advantage in their respective industries.Method — This study is categorized as quantitative research involving a sample size of 105 respondents who are Small and Medium Enterprises (SMEs) owners in the food and beverages sector in Kendal Regency. The primary data used in this research was collected directly by the researchers from the respondents, focusing on aspects such as halal certification, entrepreneurial orientation, and competitive advantage. Structural Equation Modelling (SEM) is employed as the analytical technique in this study.Result — The findings of this research indicate a positive and significant influence of the relationship between halal certification and entrepreneurial orientation on competitive advantage. Additionally, the study reveals a positive and significant impact of halal certification on entrepreneurial orientation. Furthermore, the direct mediating relationship between entrepreneurial orientation and halal certification, as well as competitive advantage, also demonstrates a positive and significant effect.Contribution — This study makes a significant academic contribution by investigating the relationship between halal certification, entrepreneurial orientation, and competitive advantage in the context of Small and Medium Enterprises (SMEs). By filling a knowledge gap in the literature, it enhances our understanding of how these variables are interconnected and their impact on SMEs' competitiveness.
Unraveling the relationship between trade openness, economic growth, and financial development in Nigeria Esther Olayinka Atoyebi; Isiaq Olasunkanmi Oseni; Jimoh Sina Ogede; Soliu Bidemi Adegboyega
Journal of Enterprise and Development (JED) Vol. 6 No. 1 (2024): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v6i1.7651

Abstract

Purpose — This study examines the impact of trade liberalization and economic growth on financial development and suggests policies to enhance financial stability.Method — The study utilizes an Autoregressive Distributed Lag Model to analyze the presence of co-movement within the context of trade openness and economic growth on financial development in Nigeria. Additionally, the technique allows for a dynamic assessment of the short and long term.Result — Our findings for Nigeria spanning from 1990 to 2021 demonstrate a positive long-term relationship between trade openness and financial expansion, while economic growth has a negative short-term impact on financial expansion.Contribution — This study contributes to the frontier of knowledge by uncovering the interplay among Nigeria's trade openness, economic prosperity, and financial development, which has been overlooked. Additionally, it offers insights into the specific dynamics and mechanisms operating within the Nigerian context by scrutinizing relevant economic indicators.
Exploring Hisbah as a supervisory mechanism for promoting Sharia compliance in modern business contexts Dewi Mutmainnah
Journal of Enterprise and Development (JED) Vol. 5 No. Special-Issue-1 (2023): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Purpose — The primary goal of this study is to investigate how the supervisory role of Hisbah in Islam can effectively enhance the adherence of modern business individuals to Sharia principles.Method — This qualitative research utilizes a descriptive-analytical approach to examine the role of Hisbah in enhancing Sharia compliance among modern business practitioners. The data, obtained from various books and journals, is collected, processed, and analyzed to derive conclusions regarding the effectiveness of Hisbah in promoting adherence to Sharia principles in contemporary business settings.Result — By implementing internal Hisbah through the utilization of muraqabah and muhasabah tools, a culture of Sharia compliance can be established. Simultaneously, external Hisbah parties, such as authoritative institutions or government entities, can play a crucial role in strengthening control and supervision. This combined effort ensures that the enforcement of Sharia principles remains objective, independent, and practical. The establishment of a robust and synergistic supervisory mechanism between internal and external Hisbah, involving government authoritative institutions, can substantially contribute to achieving Sharia compliance among modern business practitioners.Contribution — This research makes a valuable contribution to the academic realm by enriching our understanding of the concept of Hisbah and its implications for Sharia compliance. It serves as an initial stimulus for future research endeavors, particularly focusing on the effectiveness of external Hisbah institutions in fulfilling their supervisory roles within modern business contexts. This research paves the way for further exploration and investigation into the topic, fostering a deeper understanding of how external Hisbah entities can effectively contribute to promoting Sharia compliance in contemporary business practices.