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Nusantara Science and Technology Proceedings
Published by Future Science
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Articles 1,542 Documents
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Effectiveness of Implementing Green Financing as an Alternative Sustainable Financing Mandasari, Virginia; Mawardi, Alfiandi Imam; Hariyana, Nanik
Nusantara Science and Technology Proceedings 8th International Seminar of Research Month 2023
Publisher : Future Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.11594/nstp.2024.4165

Abstract

Many businesses in the past prioritized high profits over the detrimental effects on the economy, environment, and society. The performance of businesses that do not emphasize adverse effects on the economy, environment, and society is unpopular with the general public. Finally, businesses are beginning to consider sustainability-related challenges. The goal of sustainability is to satisfy current needs without jeopardizing the ability of future generations to satisfy their own. Economic, environmental, and social factors make up the three pillars that make up the notion of sustainability. Through sustainability reports, businesses can inform the public about their sustainability performance. The Global Reporting Initiatives (GRI) are the standards used to produce sustainability reports. According to the Financial Services Authority's (OJK) roadmap for sustainable finance, banking also helps to promote sustainability. The activities are carried out by putting green financial products into practice. Green financing products are those that take environmental considerations into account. The Green Finance concept is based on a balance of three points of view (Triple Bottom Line), namely Profit, People, and Planet, which emphasizes not only optimizing economic factors but also paying attention to sustainability and preserving environmental factors. The public also demands that companies follow the Green Finance concept to achieve environmental improvements which must go hand in hand with economic development.
Consumer Responses to Scarcity Appeals in Online Ordering Hariyana, Nanik; Izaak, Wilma Cordelia; Sholihah, Dienni Ruhjatini
Nusantara Science and Technology Proceedings 8th International Seminar of Research Month 2023
Publisher : Future Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.11594/nstp.2024.4166

Abstract

Scarcity appeals, which highlight how a commodity or service is scarce due to "high demand" or "limited supply," are frequently used in the tourism industry. However, not all scarcity appeals have the same ability to persuade consumers. The current study investigates the combined effects of consumers' power perceptions and the supply- or demand-framed nature of scarcity appeal in the context of online booking. The results show that when presented with a demand-framed scarcity appeal vs a supply-framed one, customers with a strong sense of power are more likely to make a purchase; however, this difference is less noticeable for customers with a low sense of power. Furthermore, mediation analysis reveals perceived risk as the psychological mechanism behind these effects. The managerial ramifications of online booking systems are discussed.
The effect of implementing environmental disclosure in Manufacturing Companies Masarrah, Syalia; Laili, Mirna Nisfaul; Sunani, Avi; Widodo, Ulfa Puspa W.; Wijaya, Muh. Syah Arief A.
Nusantara Science and Technology Proceedings 8th International Seminar of Research Month 2023
Publisher : Future Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.11594/nstp.2024.4167

Abstract

Environmental disclosure is a useful tool for evaluating a company's environmental performance. Environmental performance is impacted by environmental disclosure. Information on the environment that is included in the company's annual report is also considered environmental disclosure. The financial statements of the company, performance reports, and information about the company's capital or share circulation are just a few of the sources or supporting resources that are required to bolster this review. This study's methodology is a literature review that draws on qualitative data from 15 worldwide journals or papers. The findings demonstrate that, depending on which areas are benefited and which are not, environmental performance can have a favorable or negative impact on the business. However, if disclosure is given, it will indicate the general state of the business, whether it is doing well or not. Investor trust may be lowered and the company's reputation may suffer if there are instances of abnormal behavior. Because of this, experts advise businesses to enhance their corporate culture, rules, and procedures prior to disclosing any environmental information.
Forecasting The Number of Traffic Accidents in Purbalingga Regency on 2023 Using Time Series Model Trimono; Muhaimin, Amri; Selayanti, Nabilah
Nusantara Science and Technology Proceedings 8th International Seminar of Research Month 2023
Publisher : Future Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.11594/nstp.2024.4168

Abstract

Accident data from Satlantas Purbalingga Regency shows that in 2022 there is an increase in the number of traffic accidents in the Purbalingga Regency. In the future, the impact of accidents is predicted to be bigger so it is necessary to forecasting. Forecasting is one of the most important elements in decision making, because effective or not a decision generally depends on several factors that can not be seen at the time the decision was taken. In this time study the possible time series model is ARMA (2,2), ARMA (2,1), ARMA (1,2), ARMA (1,1), AR (2), AR (1), MA (2), MA (1). However, after testing, the model used is ARMA (1,1). This model is used because it meets all the assumption requirements that are parameter significant, residual independent test, residual normality test, and the smallest Mean Square Error value. According to data forecasting results the highest number of crashes existed in January of 97 accidents and the lowest in December amounted to 93 accidents, So the necessary action from the relevant agencies to cope with the increasing number of traffic accidents in the Purbalingga Regency.
Performance of Halal Certification Policies in East Java Province Nawangsari, Ertien Rining; Yusuf, Rima Ranitya; Adnin, Hani Nur; Anggoro, Dicky
Nusantara Science and Technology Proceedings 8th International Seminar of Research Month 2023
Publisher : Future Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.11594/nstp.2024.4169

Abstract

Halal certification serves as evidence of the safety of products for both Muslim and non-Muslim communities, particularly in Indonesia, where the majority of the population adheres to Islamic principles. The presence of halal product certification ensures fairness, legal certainty, protection, transparency, and professionalism in the approval of a product. Therefore, the government needs to continue its efforts in supporting industrial products to obtain halal certification. Nevertheless, numerous small and medium-sized enterprises (SMEs) still lack halal certification for their products. This research aims to evaluate the performance of the halal certification policies in East Java, focusing on output indicators such as coverage, bias, accessibility, program strategies, and alignment with the target requirements. This study employs a mixed-method approach, utilizing primary data gathered through questionnaires, interviews, and on-site observations within East Java Province, with a sample size of 400 out of a total business unit population of 820,005. The findings indicate that, in terms of coverage, 42.3% of respondents have reservations about complying with the halal certification policy. Concerning bias, 46% of respondents believe that the policy does not sufficiently address the needs of SMEs. As for accessibility, 36.8% of respondents reported difficulties in accessing the halal certification policy.
Knowledge of Financial Instruments and Financial Management for Sailing School Cadets Widodo, Ulfa Puspa Wanti; Sukiswo, Wahyu Helmy Dimayanti; Azmiyanti, Rizdina; Mahmud, Amir; Saputra, Nanda Wahyu
Nusantara Science and Technology Proceedings 8th International Seminar of Research Month 2023
Publisher : Future Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.11594/nstp.2024.4170

Abstract

Indonesia, as the largest maritime country in the world, is currently racing to increase maritime transportation capacity, thereby creating quite a lot of job opportunities in the shipping sector. The seafaring profession with fantastic salaries attracts people who want their financial levels to be guaranteed. Problems often faced by seafarers include high levels of consumerism and a high lifestyle which can cause seafarers to experience poverty at the end of their productive years. This research aims to determine the extent of cadets' understanding of financial instruments and financial management, as well as to provide them with awareness of the importance of financial management. The dimensions used are financial literacy, financial attitudes, and financial management. This research used a sample of 33 cadets at the Bhakti Samudera Surabaya Shipping Vocational School and the data was analyzed using a descriptive qualitative approach. The research results concluded that the cadets had good financial literacy, were able to make planned financial decisions, and had sufficient financial management skills. Cadets have an awareness of financial planning and management, including in the form of investments in fixed assets and savings funds. Cadets can record their income and expenses so that financial management can be carried out optimally.
Turnover Intention of Generation Z in Banking Industries: A Literature Review Kirana, Nanda Wahyu Indah; Sunani, Avi; Wanti, Ulfa Puspa; Lukitasari, Ika Chandra
Nusantara Science and Technology Proceedings 8th International Seminar of Research Month 2023
Publisher : Future Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.11594/nstp.2024.4171

Abstract

Turnover Intention is closely related to the subjective prospect of an employee of a company to move and leave his job in search of another opportunity in a different place. The high assumption of workers in shifting jobs is influenced by the high expectations of gaining an advantage over other companies. Generation Z or the Society born above 1998 has a basic character that wants to explore something new and uncomfortable when working under pressure. Generation Z will be a potential and valuable talent for “Golden Indonesia”, and will be a lot of economic reinforcement in it. The sector that will strengthen the economy is banking. This research will discuss comprehensively the generation that will occupy the peak of the economy in “Golden Indonesia” with the literature review approach previously studied. This research was conducted to study and prevent a large number of Z generations in the banking environment from having a tendency to turnover intention. This study reveals that turnover intention is influenced by some factors, such as work environment, job competency, and job satisfaction. Thus, in order to prevent the level of turnover intention, the company should consider those factors. Satisfaction with good workplace support will greatly affect the generation that is unstable to survive the plethora of strong lifestyle competition tendencies that color Generation Z in world progress, in economics.
Examining the Relationships Between Islamic Governance, Financial Performance, and Corporate Value: A Literature Review Cendana, Arnez; Januar, Muhammad Kiki; Haryati, Tantina; Wilasittha, Acynthia Ayu; Putri, Sofie Yunida
Nusantara Science and Technology Proceedings 8th International Seminar of Research Month 2023
Publisher : Future Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.11594/nstp.2024.4172

Abstract

The objective of this literature review is to offer a thorough examination of the relationship between Islamic company Social Responsibility (ICSR), Islamic Corporate Governance (ICG), financial performance, and company value in the realm of Islamic finance and business practices. The main aim of this study is to conduct a comprehensive literature analysis to obtain a deeper understanding of the interconnected elements that play a role in the overall achievement and long-term viability of Islamic enterprises. The research technique utilized for this review entails a comprehensive analysis of pertinent scholarly literature, with a specific emphasis on the concepts and implementation of ICSR (Islamic Corporate Social Responsibility) and ICG (Islamic Corporate Governance) within the context of Islamic ethics and adherence to Sharia. The evaluation emphasizes the importance of ensuring that company actions are by Islamic principles, such as engaging in philanthropy, practicing ethical business conduct, and demonstrating environmental responsibility. Additionally, the literature review presents empirical findings that suggest organizations that are dedicated to the principles of corporate social responsibility (CSR) and corporate governance (CG) tend to demonstrate greater financial performance and increased corporate value. This study examines the potential impact of these principles on the long-term financial performance and stability of Islamic markets, with a specific focus on enhancing shareholder wealth. The paper additionally examines several approaches and indicators employed for evaluating ICSR (Islamic Corporate Social Responsibility), ICG (Islamic Corporate Governance), financial performance, and corporate value within Islamic settings. It acknowledges the distinct difficulties encountered by scholars and practitioners when attempting to effectively assess these categories. The literature review has two implications. First and foremost, this highlights the significance of incorporating practises related to Islamic Corporate Social Responsibility (ICSR) and Islamic Corporate Governance (ICG) within the framework of Islamic firms, with a focus on their ability to enhance financial performance and corporate value. Additionally, this underscores the necessity for additional study in order to establish standardized measuring frameworks and methodologies specifically designed for Islamic banking and commercial contexts. This literature study offers significant insights into the intricate interconnections between ICSR (Islamic Corporate Social Responsibility), ICG (Islamic Corporate Governance), financial performance, and corporate value within the context of Islamic business practises. This statement highlights the need of ensuring that Islamic principles are in accordance with business actions and governance structures, in order to promote the well-being of stakeholders and ensure the long-term viability of Islamic firms. Future study should prioritise the resolution of measurement issues and the examination of the intricacies inherent in these associations among distinct Islamic sectors and geographical areas.
Management of Village Assets in Bakiruk Villages, Malaka Tengah District, Malaka Regency East of Nusa Tenggara Mangu, Bonivasia Julita; Angi, Yohana F.; Oematan, Herly M.
Nusantara Science and Technology Proceedings 8th International Seminar of Research Month 2023
Publisher : Future Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.11594/nstp.2024.4173

Abstract

This research examines how well Bakiruk Villages in Indonesia manage their assets following the guidelines set by Regulation Number 1 of 2016 issued by the Minister of Home Affairs. The study uses interviews and observations to gather information and finds that village asset management could be better. Out of twelve activities involved in managing village assets, only five (planning, procurement, maintenance, use, and reporting) are done correctly according to the regulation. The remaining seven activities, including utilization, control, elimination, transfer, administration, training, security, assessment, and supervision, need to be handled properly.
The Relationship between Manufacturing Company Values and Corporate Social Responsibility Mandasari, Virginia; Kirana, Nanda Wahyu Indah
Nusantara Science and Technology Proceedings 8th International Seminar of Research Month 2023
Publisher : Future Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.11594/nstp.2024.4174

Abstract

Corporate social responsibility (CSR) has recently drawn more interest from academic economists and managers working in the real world. The implementation of corporate social responsibility allows you to report economic, social, and environmental activities to stakeholders, which can raise the value of your organization. This can build trust and foster positive relationships with stakeholders, easing their concerns about the future. Investors and customers in the market tend to place more focus on and attention to corporate social responsibility (CSR) conduct in organizations, and many of these companies pay attention to consumer welfare, environmental concerns, and environmentally friendly production (Fukuda & Ouchida, 2020). In addition to increasing sales and consumer loyalty, better quality and productivity, increased ability to retain employees, and increased access to capital markets, corporate social responsibility can enhance brand image and reputation. These effects can all increase company value.

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