Formosa Journal of Multidisciplinary Research (FJMR)
Formosa Journal of Multidisciplinary Research (FJMR) is a multidisciplinary journal published by Formosa Publisher. Formosa Journal of Multidisciplinary Research (FJMR) is published every month (monthly). Formosa Journal of Multidisciplinary Research (FJMR) is a peer reviewed, open access, and scientific journal that publishes research papers, review papers, case reports, case studies, book reviews, theses, dissertations, etc. Focus and Scope: This journal is dedicated to exploring and disseminating the results of various creative and innovative thoughts based on scientific research and thought processes. This journal focuses on: Humanities: Arts, History, Languages, Literature, Music, Philosophy, Religion, Theatre, etc. Social Sciences: Geography, Sociology, Education, Political Science, Law, Policy, Social Studies, Arts, History, Philosophy, Anthropology Management: Trade, Economics, Finance, Accounting, Corporate Governance, Human Resource Management, Marketing Management, Quality Management Training and Development Engineering: Information Technology, Computer Applications, Civil Engineering, Mechanical Engineering, Chemical Engineering, Electrical Engineering, Physics Medical Sciences: Medicine, Health, Nursing, Clinical Research, Pharmacy, Pharmacy, Pharmacognosy, Pharmacology, Phytochemistry Biology: Botany, Bioscience, Microbiology, Biotechnology, Clinical Biology, Molecular Biology, Biochemistry, Agriculture, Chemistry, Environment and Ecology, Food Science, Nutrition, Plant Science, Entomology, Zoology, Fisheries Physical Education: Sports, Yoga, Physiotherapy, Physiology, Exercise, Health
Articles
887 Documents
<![CDATA[Maqasid Syariah and Sustainable Development: Integrating Islamic Objectives into Economic Planning ]]>
<![CDATA[Desy Rahmawati Anwar]]>;
<![CDATA[Abdul Wahab]]>;
<![CDATA[Waris Waris]]>
<![CDATA[ Formosa Journal of Multidisciplinary Research Vol. 4 No. 6 (2025): June 2025 ]]>
Publisher : <![CDATA[PT FORMOSA CENDEKIA GLOBAL ]]>
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DOI: 10.55927/fjmr.v4i6.269
<![CDATA[The Sustainable Development Goals (SDGs) have prompted scholars to revisit the ethical foundations and philosophical frameworks underlying economic planning and development strategies. Although the SDGs offer a comprehensive blueprint, criticisms have been raised regarding their secular orientation and lack of integration of spiritual and moral values. Therefore, this study examines the integration of Maqasid al-Shariah, the main objectives of Islamic sharia, into the sustainable development framework in order to develop a more balanced and value-based approach to economic planning. The main objectives of this study are to conceptually map the alignment between the five main maqasid (protection of religion, life, mind, lineage, and property) with the SDGs targets, and to propose a practical integrative model in formulating economic policies in the context of Muslim-majority countries. The method used is descriptive-qualitative and conceptual analysis, supported by a bibliometric review of recent literature (2019–2024). The main findings indicate that maqasid al-shariah not only complements the SDGs, but also enriches their moral dimension through the principles of justice, accountability, and spiritual sustainability.]]>
<![CDATA[Analysis of the Green Economy Framework for the Sustainability of the Halal Industry in Makassar ]]>
<![CDATA[Desy Rahmawati Anwar]]>;
<![CDATA[Siradjuddin Siradjuddin]]>;
<![CDATA[Rahmawati Muin]]>
<![CDATA[ Formosa Journal of Multidisciplinary Research Vol. 4 No. 6 (2025): June 2025 ]]>
Publisher : <![CDATA[PT FORMOSA CENDEKIA GLOBAL ]]>
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DOI: 10.55927/fjmr.v4i6.268
<![CDATA[The halal industry is one of the strategic sectors in the national economy that has great potential to develop sustainably. However, the growth of this industry needs to be aligned with environmentally friendly principles as global demands for sustainable business practices increase. This study aims to analyze how the Green economy framework can be integrated into the sustainability strategy of the halal industry in Makassar City. Using a descriptive qualitative approach, data were collected through in-depth interviews, field observations, and literature studies of halal industry players and related stakeholders. The results of the study indicate that some industry players have implemented green practices such as waste reduction, use of renewable energy, and raw material efficiency. However, the adoption of Green economy principles has not been evenly distributed due to limited resources, conceptual understanding, and policy support. This study concludes that the integration of Green economy in halal industry management not only improves operational efficiency and product competitiveness, but also strengthens the social legitimacy and ethical added value of halal products.]]>
<![CDATA[Designing a Blockchain-Integrated Halal Traceability System: A Cross-National Framework for Global Halal Supply Chain Integrity ]]>
<![CDATA[Desy Rahmawati Anwar]]>;
<![CDATA[Idris Parakkasi]]>;
<![CDATA[Cut Muthiadin]]>
<![CDATA[ Formosa Journal of Multidisciplinary Research Vol. 4 No. 6 (2025): June 2025 ]]>
Publisher : <![CDATA[PT FORMOSA CENDEKIA GLOBAL ]]>
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DOI: 10.55927/fjmr.v4i6.267
<![CDATA[The increasing global demand for halal products demands an integrated, transparent, and reliable halal supply chain system. However, major challenges remain due to the fragmentation of national halal standards, weak traceability systems, and limited interoperability between certification authorities in various countries. This study proposes the design of a blockchain-based halal traceability system with a cross-country framework to ensure the integrity of halal products globally. The system combines Internet of Things (IoT) technology, laboratory testing data, and smart contracts to enable automated validation from raw materials to retail distribution. Adopting theoretical approaches from the Technology Acceptance Model (TAM), Institutional Theory, and Supply Chain Integration Theory, the model includes key actors such as regulators, certification bodies, and digital platforms to support the harmonization of the global halal system through the “Single Digital Halal Passport” mechanism and blockchain node exchange. Literature review and policy analysis from countries such as Malaysia, Indonesia, GCC, and the European Union show various regulatory, technological, and institutional barriers, especially in developing countries. However, blockchain technology shows great potential in increasing consumer trust, ensuring data immutability, and automating halal verification.]]>
<![CDATA[Evaluation of the Prevention of Goods Smuggling in the Batam Border Area with a Security Theory Approach ]]>
<![CDATA[Rachmatsah Adi Putera]]>
<![CDATA[ Formosa Journal of Multidisciplinary Research Vol. 4 No. 6 (2025): June 2025 ]]>
Publisher : <![CDATA[PT FORMOSA CENDEKIA GLOBAL ]]>
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DOI: 10.55927/fjmr.v4i6.266
<![CDATA[The borders of a country are areas that are vulnerable to transnational crimes such as smuggling. This threat is vulnerable to occur in the region as the borders have certain characteristics that pose a challenge to efforts to maintain internal security. Hence, this study aims at describing the single-window law enforcement as an alternative solution for the increasing rate of smuggling nowadays. This challenge becomes even greater when a country has an area with an extraordinarily wide landscape and coastline like in Indonesia. The method that has been used in the study is the qualitative method with library study as the data gathering instrument. Indonesia is one of the countries that has handled transnational crime cases in the form of smuggling with several complex challenges. One of these challenges is the region's borders with long landscapes and coastlines, creating several security gaps. This is well illustrated in the case of smuggling in the City of Batam. Therefore, in this study, the focus of the problems raised are: (1) how to analyze the threat of transnational crime in the City of Batam; and (2) how to detect stakeholders in the field of territorial security related to the smuggling of goods in the City of Batam.]]>
<![CDATA[Analysis of Chemotherapy Drug Inventory Control Using the ABC Method at the Pharmacy Installation of Cancer Hospital in 2023 ]]>
<![CDATA[Elina Megakartikaningtyas]]>;
<![CDATA[Tri Wijayanti]]>;
<![CDATA[Opstaria Saptarini]]>
<![CDATA[ Formosa Journal of Multidisciplinary Research Vol. 4 No. 6 (2025): June 2025 ]]>
Publisher : <![CDATA[PT FORMOSA CENDEKIA GLOBAL ]]>
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DOI: 10.55927/fjmr.v4i6.264
<![CDATA[Chemotherapy Drug inventory control in Cancer Hospitals has a high investment value. This becomes a crucial issue related to hospital income and drug availability. So it is necessary to analyze the inventory control of chemotherapy drugs to find out whether it is in the efficient category or not. Inventory control efficiency is assessed by Inventory Value and Inventory Turn Over Ratio (ITOR). The study used a descriptive method, with a sample of chemotherapy drugs from January to December 2023. Drugs are grouped based on the ABC method of investment value, analyzed for final inventory value and ITOR. The results showed that there were 16 drugs in category “A”, 13 drugs in category “B”, and 62 drugs in category “C”. The inventory value decreased by Rp 243,249,119, - and ITOR increased by 29,914. It was concluded that chemotherapy drug inventory control at the Cancer Hospital Pharmacy Installation was efficient.]]>
<![CDATA[The Effect of Kaizen Project, Lending, Letter of Credit, Forex, and Capital Structure on Profitability: Case Study of PT Bank XYZ ]]>
<![CDATA[Prattia Arizzan Nurbany]]>;
<![CDATA[Agus Maolana Hidayat]]>;
<![CDATA[Akhmad Yunani]]>
<![CDATA[ Formosa Journal of Multidisciplinary Research Vol. 4 No. 6 (2025): June 2025 ]]>
Publisher : <![CDATA[PT FORMOSA CENDEKIA GLOBAL ]]>
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DOI: 10.55927/fjmr.v4i6.262
<![CDATA[This study investigates the influence of the Kaizen Project, lending, Letter of Credit (L/C), foreign exchange (forex), and capital structure on the profitability of PT Bank XYZ, using Return on Assets (ROA) as a performance measure. Employing a quantitative approach and multiple linear regression analysis with data from 93 monthly observations between 2017 and 2024, the findings reveal that the Kaizen Project, lending, and capital structure significantly impact profitability. The Kaizen Project enhances operational efficiency through process automation and work-life balance initiatives, while selective and well-controlled credit granting contributes to stable interest income. The capital structure, measured by the Debt to Asset Ratio (DAR), also influences profitability, indicating the importance of balanced debt usage. Conversely, Letter of Credit and foreign exchange transactions do not show a significant impact, suggesting limited contribution of fee-based income and mitigated exchange rate risks. The study highlights the relevance of strategic internal initiatives and prudent financial management in improving bank profitability, while also identifying areas for further exploration in banking performance research.]]>
<![CDATA[The Effect of Financial Literacy and Access to Financing on the Financial Performance of MSMEs: The Role of Financial Management Mediation and Financial Technology Moderation (A Systematic Literature Review) ]]>
<![CDATA[Ginanjar Indra Kusuma Nugraha]]>;
<![CDATA[Puji Handayati]]>;
<![CDATA[Ely Siswanto]]>
<![CDATA[ Formosa Journal of Multidisciplinary Research Vol. 4 No. 6 (2025): June 2025 ]]>
Publisher : <![CDATA[PT FORMOSA CENDEKIA GLOBAL ]]>
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DOI: 10.55927/fjmr.v4i6.261
<![CDATA[This study aims to systematically analyze the influence of financial literacy and access to financing on the financial performance of Micro, Small, and Medium Enterprises (MSMEs), considering the mediating role of financial management and the moderating role of financial technology. Using a Systematic Literature Review (SLR) approach, 30 relevant academic articles published between 2021–2025 were thematically reviewed. The findings reveal that financial literacy directly improves MSMEs' financial decision-making capacity and indirectly enhances financial performance through improved financial management. Access to financing is identified as a critical determinant of MSME growth but is often hindered by structural barriers. Financial management acts as a key mediator linking literacy and financing to performance, while financial technology moderates this relationship by digitizing financial processes, improving access to capital, and increasing efficiency. The study also identifies research gaps, including a lack of longitudinal studies, insufficient analysis of cultural and religious influences, and the need for performance evaluation models that incorporate sustainability dimensions.]]>
<![CDATA[The Role of Social Structure in Tourism Governance in Village Communities of Soppeng Regency ]]>
<![CDATA[Irwan Irwan]]>;
<![CDATA[Adi Sumandiyar]]>;
<![CDATA[Djohar Djohar]]>
<![CDATA[ Formosa Journal of Multidisciplinary Research Vol. 4 No. 6 (2025): June 2025 ]]>
Publisher : <![CDATA[PT FORMOSA CENDEKIA GLOBAL ]]>
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DOI: 10.55927/fjmr.v4i6.260
<![CDATA[This research discusses the role of social structure in community-based tourism governance in Soppeng Regency, South Sulawesi. The main focus of the study is how social actors such as traditional leaders, village heads, and local community groups are involved in decision-making and implementation of tourism activities at the village level. The research used a qualitative approach with a case study design, involving participatory observation, in-depth interviews with 50 key informants, and documentation in three tourism villages: Lompulle, Bulue, and Mattabulu. The results show that local social structure is the main driver in maintaining harmony between cultural preservation and economic exploitation through tourism. Tourism governance is not top-down, but based on consensus, mutual cooperation, and deliberation mechanisms. Social structure also plays an important role in reducing conflict and strengthening collective solidarity. The conclusion of this study emphasizes the importance of recognizing local social structures as strategic social capital in the development of sustainable tourism. Recommendations are directed at strengthening community capacity and institutional recognition of village social systems.]]>
<![CDATA[Implementation of Palm Oil Plantation Licensing Policy in West Papua Province ]]>
<![CDATA[Benidiktus Hery Wijayanto]]>;
<![CDATA[Haedar Akib]]>;
<![CDATA[Andi Kasmawati]]>;
<![CDATA[Manan Sailan]]>
<![CDATA[ Formosa Journal of Multidisciplinary Research Vol. 4 No. 6 (2025): June 2025 ]]>
Publisher : <![CDATA[PT FORMOSA CENDEKIA GLOBAL ]]>
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DOI: 10.55927/fjmr.v4i6.259
<![CDATA[The implementation of the oil palm plantation business licensing policy in West Papua Province faces a variety of complex challenges, including weak supervision, company non-compliance with regulations, and social conflicts with indigenous communities. This study aims to analyze the policy implementation process, factors that influence its success, and strategies that can be applied to improve the effectiveness of the policy. The research method used is a qualitative approach with descriptive analysis, involving interviews, observation, and documentation. The results show that although regulations have been established, their implementation is still constrained by various factors, including the lack of coordination between agencies and the lack of community participation. Proposed recommendations include strengthening supervision, increasing transparency, and implementing a Collaborative Governance model to ensure the involvement of all stakeholders in the licensing process. This research is expected to provide input for the government in improving the implementation of oil palm plantation business licensing policies in West Papua Province.]]>
<![CDATA[The Effect of Carbon Emissions Disclosure on Firm Value with Managerial Ownership as a Moderating Variable in Energy Sector Companies Listed on the IDX in 2020-2022 ]]>
<![CDATA[Andamari Oktia Aruti]]>
<![CDATA[ Formosa Journal of Multidisciplinary Research Vol. 4 No. 6 (2025): June 2025 ]]>
Publisher : <![CDATA[PT FORMOSA CENDEKIA GLOBAL ]]>
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DOI: 10.55927/fjmr.v4i6.257
<![CDATA[This study aims to investigate how carbon emission disclosure can influences the firm value, with also considering managerial ownership as a moderating variable. This research is conducted on energy sector companies listed on the Indonesia Stock Exchange from 2020 to 2022. Using panel regression analysis on 261 observations, the analysis reveals that carbon emission disclosure has a positive and statistically significant effect on firm value, suggesting that transparent environmental reporting enhances investor trust. Furthermore, managerial ownership strengthens this relationship, indicating that when managers hold equity in the firm, they are more motivated to disclose sustainability practices that support long-term value creation. The study illustrates that aligning corporate governance mechanisms with clear environmental reporting can significantly contribute to enhancing a company’s market value.]]>
