cover
Contact Name
Dr. Muh. Salahuddin
Contact Email
muhsalahuddin@uinmataram.ac.id
Phone
+6287765688800
Journal Mail Official
jed@uinmataram.ac.id
Editorial Address
Jl. Pendidikan No. 35 Mataram Gedung Fakultas Ekonomi dan Bisnis Islam UIN Mataram
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,
The Journal of Enterprise and Development (JED) is published by the Faculty of Islamic Economics and Business, Mataram Islamic State University. The scope of JED includes tourism, finance, economics, business and entrepreneurship. JED focuses on theoretical and applied research from all fields in tourism, finance, economics, business and entrepreneurial studies.
Articles 442 Documents
Do Inflation, Labor, FDI, and External Debt Influence Economic Growth? Evidence from ASEAN Countries During the Fintech 3.0 Maulana, Aziz Zidan; Suprapti , Ida Ayu Putri
Journal of Enterprise and Development (JED) Vol. 7 No. 1 (2025)
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.v7i1.12710

Abstract

Purpose: This research aims to analyze the influence of inflation, labor, foreign direct investment (FDI), and external debt on economic growth in ASEAN countries during fintech 3.0 period.Method: This research employs a quantitative approach. The study includes 176 observations, comprising 11 cross-sectional units and 16 time series units. For data analysis, a panel data regression model is utilized, incorporating three approaches: the Common Effect Model (CEM), Fixed Effect Model (FEM), and Random Effect Model (REM). Based on the results, the Fixed Effect Model (FEM) is identified as the best model. The data used in this study are secondary data obtained from international institutions such as the World Bank, Asian Development Bank (ADB), and International Monetary Fund (IMF).Result: The results indicate that inflation has a negative but insignificant effect on economic growth, while labor has a significant negative effect. In contrast, foreign direct investment (FDI) and external debt demonstrate significant positive effects, underscoring the importance of strategic management of these two variables to promote economic growth.Practical Implications for Economic Growth and Development: The research provides recommendations for consistently managing inflation, enhancing technology-based education and training for the workforce, and maximizing the benefits of FDI through strategic management. Additionally, the prudent use of external debt to finance productive sectors, particularly infrastructure, is crucial for promoting inclusive and sustainable economic development in the ASEAN region.
The Impact of Corporate Governance and Dividend Policy on Firm Value in Indonesian Non-Financial Firms Astrilia, Herfiana; Kusmayadi, Iwan
Journal of Enterprise and Development (JED) Vol. 7 No. 1 (2025)
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.v7i1.12768

Abstract

Purpose: This research examines the impact of good corporate governance (GCG) and dividend policy on the firm value of non-financial companies listed on the Indonesian Stock Exchange (IDX).Method: The study focuses on 803 non-financial firms listed on the IDX during 2021 to 2023. From this population, a sample of 45 firms was selected using a purposive sampling method. The research utilized secondary data derived from financial statements of the sampled firms and employed panel data regression analysis conducted with EViews 12 software.Result: The findings reveal that institutional ownership significantly and positively affects firm value. Conversely, managerial ownership exerts a significant negative impact on firm value. Meanwhile, the proportion of independent commissioners and dividend policy show a positive but statistically insignificant effect on firm value.Practical Implications for Economic Growth and Development: The study highlights that good corporate governance, particularly institutional ownership, can enhance firm value and potentially driving economic growth by improving market confidence and investment. Additionally, understanding the relationship between dividend policy and firm value can inform better financial strategies that foster long-term stability and growth in non-financial sectors.
The Role of Carbon Market in Net Zero Emission: Economic Impact of Carbon Credit and Forest Conservation in Indonesia Saputri, Ayuni Septiani; Diswandi, Diswandi
Journal of Enterprise and Development (JED) Vol. 7 No. 1 (2025)
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.v7i1.12792

Abstract

Purpose: This study analyzes the role of the carbon market in achieving Net Zero Emissions, focusing on how carbon credit development and tropical forest conservation can create new economic opportunities in Indonesia.Method: This research employs a qualitative descriptive approach, using a case study of the REDD+ project in Indonesia. Data was collected through semi-structured interviews with various stakeholders, including government officials, local communities, and environmental organizations. Thematic analysis was utilized to identify key patterns related to the economic benefits and technical challenges of the carbon market.Result: The study finds that the carbon market can provide substantial economic benefits through carbon credit trading, attracting investments in green technology and sustainability programs. It also has the potential to raise awareness of the importance of conserving tropical forests as critical carbon sinks. However, challenges such as regulatory gaps, limited community participation in decision-making, and technological constraints for monitoring and reporting must be addressed.Practical Implications for Economic Growth and Development: Indonesia can harness the carbon market to drive sustainable economic growth while supporting environmental preservation and global carbon emission reductions. Active stakeholder engagement, technological capacity building, and regulatory strengthening are crucial for the successful implementation of the carbon market in the future.
Impact of Greenwashing and Perceived Value on Purchase Intention in the Bottled Drinking Water Industry: Mediating Role of Trust Afianto, Rifai Apriture; Waskito, Jati
Journal of Enterprise and Development (JED) Vol. 7 No. 1 (2025)
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.v7i1.12795

Abstract

Purpose: This study investigates the effects of greenwashing and green perceived value on green purchase intention, with green trust serving as a mediating variable. It aims to provide deeper insights into the factors shaping consumer decisions when choosing bottled drinking water products.Method: A quantitative research approach was employed, using questionnaires to collect primary data from 200 respondents in the Solo Raya region who had purchased or consumed Le Minerale products. Respondents were selected through purposive sampling to ensure alignment with the study's objectives. The data were analyzed using Partial Least Squares-Structural Equation Modeling (PLS-SEM) with SMARTPLS software.Result: The findings reveal that both greenwashing and green perceived value significantly influence green trust, which, in turn, mediates their impact on green purchase intention. This highlights the pivotal role of transparency in sustainability claims and emphasizes the need for companies to communicate authentic environmental benefits. By fostering trust, businesses can promote long-term sustainable consumption behaviors and strengthen consumer confidence in green products.Practical Implications for Economic Growth and Development: This study underscores the importance of transparency and consistent communication in building consumer trust in environmental commitments. Such efforts not only expand the market for eco-friendly products but also contribute to the development of a more sustainable economy. Moreover, minimizing greenwashing practices can drive innovation and encourage sustainability-focused production processes, supporting both economic growth and environmental responsibility.
What Drives Digital Payment Adoption? Examining the Role of Ease of Use, Security, and Trust Fakriah, Riri Alifah; Alfhito, Mohammad Dheo; Mardiyani
Journal of Enterprise and Development (JED) Vol. 7 No. 1 (2025)
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.v7i1.12863

Abstract

Purpose: This research examines the factors affecting the adoption of digital payments, focusing on how perceived ease of use and perceived security impact this adoption, with user trust serving as a mediating variable.Method: Data were collected in Cirebon City through a survey conducted via Google Forms, distributed both online and offline. A total of 180 respondents participated in the study. The sampling technique employed was purposive sampling, targeting individuals who currently use or have used digital payments. The data were analyzed using structural equation modeling with the partial least squares (SEM-PLS) approach.Result: The study's findings indicate that both perceived ease of use and perceived security significantly influence user trust. Additionally, these factors also have a notable impact on the adoption of digital payments. User trust effectively mediates the relationship between perceived security and digital payment adoption.Practical Implications for Economic Growth and Development: This study highlight the importance for service providers to streamline digital transaction processes, enhance security measures, and offer transparent education on data protection to foster greater adoption of digital payments. The rise in digital payment usage not only enhances financial literacy but also promotes financial inclusion within society. This research offers valuable insights for the financial industry and regulators in developing policies that can bolster public trust in digital payment systems, ultimately contributing to a more advanced, inclusive, and sustainable digital economy in Indonesia.
Investigating Determinants of MSMEs Interest in Digital Zakat Payment Mufid, Kotranada Gadwa; Yuliati, Yuliati
Journal of Enterprise and Development (JED) Vol. 7 No. 1 (2025)
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.v7i1.12868

Abstract

Purpose: This study aims to identify the factors influencing the interest of micro, small, and medium enterprises (MSMEs) in adopting digital zakat payments, with a particular focus on the role of zakat in supporting local economic development.Method: A quantitative research design was employed, with the population comprising all MSMEs operating in Malang City. A purposive sampling technique was utilized, yielding a sample of 100 respondents. Data were analyzed using the Statistical Package for the Social Sciences (SPSS) version 25.Result: The findings indicate that zakat literacy, convenience, and religiosity have a positive and significant effect on the interest in digital zakat payments. This suggests that a strong understanding of zakat, the ease of use offered by digital platforms, and individuals' levels of religiosity enhance the likelihood of utilizing these platforms for zakat contributions. In contrast, trust does not exert a significant influence on digital zakat payment interest, indicating potential concerns regarding the perceived reliability of digital platforms for zakat distribution. Furthermore, transparency has a negative effect, suggesting a lack of understanding regarding the openness and accountability of zakat institutions.Practical Implications for Economic Growth and Development: The study recommends that zakat institutions enhance transparency and user convenience in the management of digital zakat payments. Strengthening these aspects may lead to greater participation in zakat contributions, thereby fostering broader economic growth and development.
Antecedents of Electronic Word-of-Mouth (e-WOM) and Purchase Intention: The Moderating Role of Consumer Involvement Setiawardani, Miranti; Widanti, Afrima
Journal of Enterprise and Development (JED) Vol. 7 No. 1 (2025)
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.v7i1.12873

Abstract

Purpose: This research aims to investigate the antecedents of electronic word-of-mouth (e-WOM), specifically source credibility and information accuracy, as well as the influence of e-WOM on purchase intention. Additionally, the study examines the role of consumer involvement as a moderating variable between e-WOM and purchase intention among Shopee e-commerce users.Method: The research employs a quantitative method, collecting primary data through a questionnaire distributed via social media platforms across Indonesia. The participants included 214 Shopee users interested in beauty products serving as the unit of analysis. The data were analyzed using Structural Equation Modeling (SEM) with AMOS version 23.Result: The findings indicate that source credibility positively and significantly impacts e-WOM, establishing it as an antecedent factor. In contrast, information accuracy does not significantly affect e-WOM, suggesting it is not an antecedent factor. Furthermore, e-WOM positively and significantly influences purchase intention. While consumer involvement affects purchase intention, it does not directly moderate the relationship between e-WOM and purchase intention.Practical Implications for Economic Growth and Development: This study offers strategic insights for e-commerce companies to enhance their quality and underscores the importance of credibility and reviews in marketing to boost product sales. Consequently, it presents a novel strategy within the digital marketing landscape that supports economic growth.
What Drives Generation Z’s Financial Behaviors? The Influence of Financial Literacy, Financial Socialization, and Self-Control Hafizha, Agnifa Isna; Arifin, Zaenal
Journal of Enterprise and Development (JED) Vol. 7 No. 1 (2025)
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.v7i1.12892

Abstract

Purpose: This study aims to examine the influence of financial literacy, financial socialization, and self-control on the financial behaviors of Generation Z.Method: This research employs a quantitative approach, utilizing an online questionnaire distributed through Google Forms to university students. The sample was selected using a purposive sampling technique, resulting in 185 respondents. The collected data was analyzed using multiple linear regression and t-test, with the assistance of SPSS software version 2.6.Result: The findings indicate that financial socialization and self-control significantly positively affect the financial behaviors of Generation Z. In contrast, financial literacy does not have a significant impact on these behaviors among university students. This suggests that external influences, such as parental guidance or peer discussions, and personal traits like self-discipline, play a more dominant role in financial decision-making than mere financial knowledge.Practical Implications for Economic Growth and Development: This study contributes by fostering better financial behaviors among Generation Z, who will soon enter the workforce and drive economic activities. By highlighting the importance of financial socialization and self-control, the research provides insights for policymakers and educators to design targeted financial education programs that enhance financial decision-making. In the long run, improved financial behaviors can lead to higher savings rates, reduced debt burdens, and more sustainable economic participation, ultimately strengthening financial stability and economic resilience.
Live-Stream Shopping: Impact of Social Attraction, Social Presence, Parasocial Interaction, and Positive Emotion on Purchase Intention Febtiana, Wensi; Widanti, Afrima
Journal of Enterprise and Development (JED) Vol. 7 No. 1 (2025)
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.v7i1.12943

Abstract

Purpose: The increasing popularity of live-stream shopping underscores its growing significance in the e-commerce landscape. However, research on the formation of purchase intention within this context remains limited. This study investigates the influence of social attractiveness and social presence on purchase intention, with parasocial interaction as a mediating variable and positive emotions as a moderating variable among Shopee Live users.Method: This study adopts a quantitative research approach, employing purposive sampling targetting Shopee Live users in Indonesia. Data were collected through an online questionnaire administered via Google Forms and disseminated through social media platforms, including Facebook, Instagram, Telegram, and WhatsApp. A total of 324 valid responses were analyzed using Structural Equation Modeling (SEM) with AMOS 23.Result: The findings indicate that social attraction does not exert a significant influence on either parasocial interaction or purchase intention. Conversely, social presence positively affects both parasocial interaction and purchase intention. Furthermore, parasocial interaction positively influences purchase intention but does not mediate the relationship between social attractiveness and purchase intention. Instead, it functions as a positive mediator between social presence and purchase intention. Additionally, positive emotions do not moderate the relationship between parasocial interaction and purchase intention.Practical Implications for Economic Growth and Development: The findings suggest that e-commerce platforms should enhance social presence and parasocial interactions in live-stream shopping to stimulate purchase intention, drive digital transactions, strengthen business competitiveness, foster consumer spending, and support the sustainable growth of the digital economy.
Examining the Impact of Gamification and Customer Experience on Customer Loyalty in E-commerce: Mediating Role of Customer Satisfaction Rachmadanty, Alma Dwi; Muhtar, Aprillia Audiayani; Agustina, Agustina
Journal of Enterprise and Development (JED) Vol. 7 No. 1 (2025)
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.v7i1.12995

Abstract

Purpose: This study investigates the impact of gamification and customer experience on customer loyalty with customer satisfaction acting as an intervening variable.Method: This study adopts a quantitative research approach, employing a sample of 174 respondents who are users of the Shopee platform in the Cirebon region. The sampling technique utilized is non-probability sampling, chosen to ensure the representativeness of the sample. Data were analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS) to examine the relationships between the variables.Result: The findings indicate a strong and statistically significant influence of gamification and user experience (UX) on customer loyalty. This relationship occurs both directly and indirectly through the mediating role of customer satisfaction. The study highlights the crucial role of customer satisfaction in establishing a connection between gamification, user experience, and customer loyalty.Practical Implications for Economic Growth and Development: The implementation of gamification and UX strategies contributes to economic growth by enhancing customer satisfaction and loyalty. Mechanisms such as rewards and challenge-based interactions foster greater customer engagement and retention, thereby increasing business competitiveness. High customer loyalty not only encourages repeat transactions but also generates positive word-of-mouth, ultimately promoting sustainable growth within the digital economy.