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 261 Documents
Enhancing Micro, Small, and Medium Enterprises (MSMEs) performance through accounting knowledge, e-commerce, and network relationships Mahmudi Mahmudi; Anggita Pamularsi
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.v5i3.8398

Abstract

Purpose — The growth and development of MSMEs are increasing rapidly. In order to gain customers and survive in an intensely competitive and uncertain market, MSMEs should improve their knowledge and technology, have a good understanding of electronic commerce, and expand their network relationships. This research aims to analyze the influence of accounting knowledge, understanding of e-commerce, and network relationships on the performance of MSMEs.Method — This study employs a quantitative research approach, conducted through a survey. Data were acquired by distributing questionnaires to MSME owners. The sample for this study comprises 96 MSMEs in the city of Yogyakarta, Indonesia. The independent variables in this study include accounting knowledge, understanding of e-commerce, and network relationships, while the dependent variable is the performance of MSMEs. To test the proposed hypotheses, this research utilizes multiple linear regression analysis with SPSS software for data processing.Result — The results of this research show empirical evidence that accounting knowledge, the use of e-commerce, and network relationships have a positive and significant effect on the performance of MSMEs.Contribution — This research examines the roles of accounting knowledge, the use of e-commerce technology, and business networks in MSMEs. These aspects have not been widely studied by previous researchers. The study provides new insights for MSMEs to improve performance from both internal perspectives, such as accounting and e-commerce adoption, and external perspectives, such as expanding business network relationships.
Behavioral intention to adopt Islamic banking digital services: A modified UTAUT2 approach Intan Kusuma Pratiwi
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.v6i1.8416

Abstract

Purpose — This research aims to identify the factors that influence customers in using digital Islamic banking services by modifying the UTAUT2 model to include Perceived Credibility and Perceived Risk variables.Method — This research employs a quantitative approach to test and validate the hypotheses formulated. The study population consists of Islamic bank customers in Indonesia. For sample selection, a purposive sampling technique was employed, with the inclusion criterion being that respondents must be Islamic bank customers who have utilized digital Islamic banking services. Data were collected from 373 Islamic bank customers through online Google Forms. The data analysis technique utilized in this research is the Partial Least Squares (PLS) method, conducted using SmartPLS software.Result — The research results indicate that nearly all UTAUT2 variables significantly impact customers' adoption of digital Islamic banking services. Specifically, Perceived Credibility significantly influences customers' adoption of these services, and similarly, Perceived Risk significantly affects customers' adoption of digital Islamic banking services.Contribution — This research introduces a novel framework by modifying the UTAUT2 model, incorporating the variables of Perceived Credibility and Perceived Risk as extensions to the UTAUT2 model.
Determinants of stock returns in property and real estate companies listed on the Indonesia Stock Exchange Sutresna Arinto; Prima Naomi
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.v6i1.8431

Abstract

Purpose — This study aims to investigate the influence of macroeconomic factors, including economic growth, inflation, the rupiah exchange rate, and interest rates, as well as corporate financial performance indicators such as leverage and profitability, on the stock returns of Indonesian Property and Real Estate Sub-Sector companies.Method — The research data consists of annual data obtained from the Indonesia Stock Exchange, the Indonesia Central Bureau of Statistics, and Bank Indonesia for the period from 2017 to 2021. The research population comprises 36 Property and Real Estate companies listed on the Indonesia Stock Exchange. Out of these, 28 companies meet the sample requirements. The analysis employs panel data regression to examine the data.Result — The results indicate that inflation and exchange rates have a negative and statistically significant impact on stock returns. On the other hand, economic growth, interest rates, return on equity, and the debt-to-equity ratio exhibit a positive influence on stock returns, although these effects are not statistically significant.Contribution — This study's distinctive contribution is its focused analysis of the Property and Real Estate Sub-Sector in Indonesia. It stands out by exploring the intricate relationship between macroeconomic factors and financial performance variables concerning the stock returns of companies within this sub-sector. This nuanced approach provides valuable insights into a specific industry within the Indonesian market, shedding light on previously unexplored dynamics and contributing to a deeper understanding of how these factors affect stock returns in this context.
Can company size moderate corporate social responsibility disclosure effect on company profitability? Evidence from mining industry Rahmawati Rahmawati; Riyanti Riyanti; Marwah Yusuf
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.v6i1.8462

Abstract

Purpose — This study aims to examine the moderating effect of the company size on the relationship between Corporate Social Responsibility (CSR) disclosure and company profitability in mining industry.Method — This study employs multiple regression to examine the relationship between CSR disclosure and profitability using ROA and ROE proxies, with company size as a moderator. The observations were conducted on 12 mining companies listed on the Indonesia Stock Exchange during the period of 2018-2022.Result — We found that company size moderates the relationship between CSR disclosure and company profitability, using ROA and ROE as proxies. The results indicate that CSR disclosure had a positive and significant effect on company profitability when measured with ROA proxies but did not show significance with ROE proxies.Contribution  — This research contributes by using company size variable as the moderator in the relationship between CSR disclosure and financial performance.
The mediating role of knowledge sharing in the relationship between human capital, structural capital, spiritual capital, and MSMEs innovation Nurunnisa Ayung Prinika Sugianto; Bima Cinintya Pratama; Eko Hariyanto; Ira Hapsari
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.v6i1.8469

Abstract

Purpose — This research aims to illuminate the influence of human capital, structural capital, and spiritual capital on innovation, mediated by knowledge sharing.Method — This research employs a quantitative methodology. It involves gathering data through a questionnaire that utilizes convenience sampling, focusing on 200 MSME operators across Banyumas, Brebes, and Cilacap. The statistical analysis utilizes Partial Least Square Structural Equation Modeling (PLS-SEM).Result — We found that human capital, structural capital, and spiritual capital directly impact innovation in MSMEs. Furthermore, we observe that knowledge sharing functions as a mediator in MSMEs innovation.Contribution — The study extends previous research, adding knowledge sharing as a mediating variable to explore its role in the nexus among human capital, structural capital, spiritual capital, and MSMEs innovation.
Trade openness, poverty, and sustainable development: Testing for causality using Dumitrescu-Hurlin approach Adewale Musliudeen Balogun; Oluwaseyi Adedayo Adelowokan; Felix Odunayo Ajayi; Jimoh Sina Ogede
Journal of Enterprise and Development (JED) Vol. 6 No. 2 (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.v6i2.8572

Abstract

Purpose — This research paper explores the causal links between trade openness, poverty, and sustainable development, shedding light on the potential impact of trade policies on poverty reduction and sustainable development in the Economic Community of West African States (ECOWAS) region.Method — We utilize the Dumitrescu-Hurlin (DH) panel causality test, a robust econometric approach capable of discerning the direction and magnitude of causal relationships among variables. We employ a comprehensive dataset spanning from 1986 to 2020, covering ECOWAS countries, to conduct a rigorous empirical analysis.Result — The empirical findings from the DH causality analysis reveal a unidirectional relationship between trade openness, human capital investment, and both sustainable development and poverty. Additionally, bidirectional causality relationships are observed between human capital investment and poverty. The results also highlight the absence of a consistent and uniform pattern of Granger causality between poverty and sustainability across individual West African economies. This heterogeneity underscores the need for customized policy approaches based on empirical evidence derived from country-specific causality analyses, rather than adopting one-size-fits-all solutions.Novelty  — This research stands out by exploring the causal connections among trade openness, poverty, and sustainable development within the Economic Community of West African States (ECOWAS) region. The adoption of the Dumitrescu-Hurlin (DH) panel causality test enhances the empirical analysis, offering a comprehensive understanding of both the direction and magnitude of these relationships.
Impact of tax regulation on the development of financial technology in Indonesia Jevan Andreas Talahaturusun; Cliff Kohardinata
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.v6i1.8577

Abstract

Purpose — The objective of this study is to assess the influence of recently enacted tax legislation in May 2022 on the advancement of fintech in Indonesia.Method — The present study utilizes a quantitative approach to gather empirical data and conduct hypothesis testing. The population under investigation in this study consists of the total count of lender accounts across 34 provinces in Indonesia, classified according to quarterly periods. The methodology employed in this study involved selecting samples from 33 provinces. Data collection spanned from the second quarter to the fourth quarter of the 2021-2022 period, resulting in a total of 192 observations. The process of hypothesis testing was carried out using multiple regression analysis.Result — The research findings suggest that implementing fintech taxes significantly impacts the number of lender accounts in the following year. This implies that introducing taxes on fintech has a substantial influence on the lending sector, potentially leading to changes in the availability of accounts for borrowers and lenders in the year following the tax adoption.Contribution  — The contribution of this study based on its novelty is that it provides unique insights into the consequences of the recently enacted fintech taxes, which took effect on May 1, 2022. Before this research, no other investigations had explored this specific topic, making this study the first of its kind to shed light on the implications of the regulatory changes within the fintech industry.
Factors influencing demand for Islamic bank products in Sri Lanka Subaideen Issath Nimsith; Mohamed Saleem Ahamed Riyad Rooly; Fathima Ilma
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.v6i1.8586

Abstract

Purpose — The demand for Islamic banking products and services has been increasing globally over the past decade, including in Sri Lanka. However, the factors behind this surge are not yet fully understood. The aim of this research is to investigate the factors influencing the demand for Islamic banking products in Sri Lanka.Method — Primary data were collected through the distribution of questionnaires, which were distributed among 650 customers of Amana Bank PLC island-wide across its 33 branches. Convenience sampling techniques were employed for data collection. The Statistical Package for Social Sciences (SPSS) was utilized for analyzing the factors influencing the demand for Islamic banking products in Sri Lanka. Statistical methods, including regression analysis, correlation analysis, and a reliability test, were employed to analyze the collected data.Result — The findings indicate a robust relationship between factors such as religiosity, attitude, awareness, and reputation, and the demand for Islamic banking products in Sri Lanka. According to the regression analysis, awareness was identified as having the greatest impact on the demand for Islamic banking products, while reputation, attitude, and religiosity were determined to be the second, third, and least impactful factors, respectively.Novelty  — This research is pioneering in a country like Sri Lanka, where it is still in the developmental stage, and the majority of the population is non-Muslim. The findings offer valuable insights for policymakers in the Islamic banking and finance sectors, guiding them in formulating strategies to attract a broader customer base for their products and services among both Muslim and non-Muslim customers.
Determinants of financial distress in the building construction sub-sector companies listed on the Indonesia Stock Exchange Sekar Setowening; Djuminah Djuminah
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.v6i1.8695

Abstract

Purpose — This study aims to analyze the influence of profitability, leverage, and intellectual capital on financial distress in companies within the building construction sub-sector.Method — The research method involves quantitative and regression analysis. The sample consists of companies within the building construction sub-sector that consistently published financial reports during the period 2016-2021. The research population comprises 96 building construction companies listed on the Indonesia Stock Exchange, with 16 companies meeting the sample requirements. Data collection is performed using purposive sampling, and the analysis is conducted using EViews 10. Various tests, including classic assumption tests, feasibility analysis models, panel regression analysis, and coefficient of determination tests, are employed in the analysis.Result — The study results indicate a significant positive effect of profitability on the level of financial distress, suggesting that higher levels of profitability correspond to lower financial distress. Conversely, leverage demonstrates a significant negative effect on financial distress, implying that higher levels of leverage are associated with increased financial distress for the company. However, the study did not identify a significant relationship between intellectual capital and the level of financial distress, suggesting that the level of intellectual capital does not significantly influence the level of financial distress.Practical implications  — Management in the building construction sub-sector is encouraged to prioritize strategies and tactics aimed at enhancing company profitability. Focusing on efforts to improve operational efficiency, optimize asset utilization, and enhance the effectiveness of marketing strategies can contribute to an increase in the company's profitability.
Navigating sustainable competitive advantage: social and technological challenges and open innovation in creative economy-based traditional markets Nurul Retno Hapsari; Ahmad Zaki; Tiara Juniar Soewardi
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.v6i1.8699

Abstract

Purpose — Innovation and technology introduce businesses to uncertain conditions, necessitating a focus on enhancing competitiveness. This research aims to investigate the impact of social and technological challenges, as well as open innovation, on the sustainable competitive advantage of a creative economy-based traditional market.Method — This study employs a quantitative approach by distributing questionnaires to 100 MSMEs in Yogyakarta traditional markets. The Partial Least Squares-Structural Equation Modeling (PLS-SEM) was utilized to analyze the effects.Result — The results indicate that social and technological challenges contribute to a sustainable competitive advantage. However, open innovation does not significantly influence the enhancement of a sustainable competitive advantage.Practical implications  — The study suggests that the government should support MSMEs in addressing technological disruption by offering digital training to expand their market reach.