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INDONESIA
Eduvest - Journal of Universal Studies
Published by Green Publisher Indonesia
ISSN : 27753735     EISSN : 27753727     DOI : 10.36418
Core Subject : Health, Science, Social, Engineering,
Aerospace Engineering Computer Science & IT Health Professions Neuroscience Social Sciences
Eduvest - Journal of Universal Studies is a double blind peer-reviewed academic journal and open access to multidiciplinary fields. The journal is published monthly by Green Publisher Indonesia. Eduvest - Journal of Universal Studies provides a means for sustained discussion of relevant issues that fall within the focus and scopes of the journal which can be examined empirically. This journal publishes research articles multidisciplinary sciences, which includes: Humanities and social sciences, contemporary political science, Educational sciences, religious sciences and philosophy, economics, Engineering sciences, Health sciences, medical sciences, design arts sciences and media. Published articles are from critical and comprehensive research, studies or scientific studies on important and current issues or reviews of scientific books.
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 2,419 Documents
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The Influence of Profitability, Capital Structure and Intellectual Capital on Company Value with Good Corporate Governance as Moderation (Case Study on Construction Sector Companies Listed on the IDX in 2019-2023) Mutia, Puteri Sarah; Yadiati, Winwin; Puspitasari, Evita
Eduvest - Journal of Universal Studies Vol. 5 No. 10 (2025): Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v5i10.51347

Abstract

Abstract: This study analyzes the influence of profitability, capital structure, and intellectual capital on company value with Good Corporate Governance (GCG) as a moderation variable, especially in construction sector companies listed on the Indonesia Stock Exchange during the 2019-2023 period. The method used is regression analysis with the Fixed Effect Model approach. The results show that profitability has a positive but insignificant effect on the company's value, while capital structure has a negative and significant effect. Intellectual capital shows a positive but not significant influence, and GCG cannot moderate the influence of profitability on a company's value but can weaken the negative impact of capital structure. These findings emphasize the importance of debt management and effective GCG implementation to increase the value of companies in the construction sector.
Strategic Readiness of 6G Implementation in Indonesian Telco Company : an Internal And External Environment Analysis Larasati, Angela Merici Diah; Hutajulu, Sahat
Eduvest - Journal of Universal Studies Vol. 5 No. 10 (2025): Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v5i10.51350

Abstract

When it comes to paving the way for innovation in B2B telecommunication services for companies in Indonesia, the prospect of Indonesia integrating a digitally driven economy and 6G connectivity is essential. This research analyzes the strategic readiness of one of Indonesian Telco Company to leverage 6G technology for scaling up its B2B service offerings. Data gathering was done through semi-structured interviews with important stakeholders alongside secondary materials while a qualitative explorative approach was utilized. Internal strengths and weaknesses were analyzed through SWOT analysis while PESTEL and Porter’s Five Forces frameworks assessed external opportunities and threats. The results indicate that the firm’s infrastructural prowess and group synergy positioning are major boons, but challenges such as ROI lucidity, competitive agility, and talent development remain significant issues. This work offers insights for stearing technological spendings in a regulated investment landscape while enabling the strategic foresight telecommunication investments in Indonesia on 6G deployment in the sector.
Factors That Influence Turnover Intention at PT XYZ Silitonga, Alvin Paulus; Ghazali, Achmad
Eduvest - Journal of Universal Studies Vol. 5 No. 10 (2025): Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v5i10.51352

Abstract

High employee turnover rates represent a critical challenge in human resource management, particularly in joint venture companies operating in the power generation sector, where maintaining workforce stability is essential for operational excellence and technology transfer. Therefore, this research aims to analyze the influence of these two variables on turnover intention by considering important dimensions such as conditions for engagement, opinion engagement, engagement behavior, career development, work environment, employee relationships with management, and compensation and benefits. The study employs a mixed-methods approach, combining Partial Least Squares Structural Equation Modeling (PLS-SEM) for quantitative analysis with in-depth qualitative interviews to provide comprehensive insights. The quantitative findings reveal that job satisfaction (β = -0.578, p < 0.001) exerts a stronger negative influence on turnover intention compared to employee engagement (β = -0.382, p < 0.001), collectively explaining 70.2% of the variance in turnover intention (R² = 0.702). Specifically, career development, work environment, and employee relationships with management emerged as significant predictors of turnover intention, while opinion engagement showed no significant direct effect. Qualitative insights revealed underlying issues, including unclear certification pathways, cultural and communication barriers between local and expatriate staff, insufficient management support during high-pressure situations, and perceived inequities in compensation structures. This research provides theoretical contributions by extending the understanding of job satisfaction and engagement dimensions in cross-cultural joint venture contexts, while offering practical implications through targeted business solutions, including transparent career path development, compensation benchmarking, enhanced management communication strategies, and systematic training programs.
Evaluation of the Implementation of Internal Control of Financial Reporting (ICOFR) on Maintenance Expenditure: Case Study of State Institution “X” Afifah S, Fithriyyah Nur; Siswantoro, Dodik
Eduvest - Journal of Universal Studies Vol. 5 No. 10 (2025): Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v5i10.51353

Abstract

This study evaluates the implementation of Internal Control over Financial Reporting (ICoFR) in maintenance expenditures at Government Institution X in Indonesia from 2019 to 2023. The objective is to assess the effectiveness of ICoFR, identify weaknesses in financial control, and propose improvements. This research employs a case study strategy with a qualitative descriptive approach. Data collection methods include semi-structured interviews, document analysis, and a review of audit reports from the Indonesian Supreme Audit Board (BPK). The research framework is based on the Minister of Finance Regulation No. 17/PMK.09/2019, which incorporates the COSO Internal Control Framework as its core reference. The findings indicate that ICoFR implementation in Government Institution X is not yet fully effective, as recurring audit findings highlight overpayments, contract discrepancies, and weak monitoring mechanisms. This study contributes to the literature by evaluating ICoFR implementation in a central government institution—an area that remains underexplored in academic research compared to corporate or local government financial reporting. The study also emphasizes the complex interplay of political and bureaucratic factors affecting financial control practices. Strengthening risk assessment, control activities, and compliance monitoring is crucial to improving transparency and accountability in maintenance expenditure management.
The Decision Criteria for the International Entry Mode for Badan Pengelola Keuangan Haji: an Application of Analytical Hierarchy Process Azzahra Hadar, Medina; Sunitiyoso , Yos
Eduvest - Journal of Universal Studies Vol. 5 No. 10 (2025): Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v5i10.51354

Abstract

Badan Pengelola Keuangan Haji (BPKH), a government agency mandated to manage hajj funds, is authorized to invest abroad under Law No. 34 of 2014. In 2023, BPKH established its first subsidiary in Saudi Arabia through Sole Ownership (Greenfield) as its chosen international entry mode. However, the organization currently lacks a formal framework for selecting the optimal mode. This study aims to determine and prioritize decision criteria for BPKH’s international entry mode selection and to develop a decision-making model to support future investments. Using the Analytic Hierarchy Process (AHP), the study systematically evaluates qualitative and quantitative criteria derived from the Eclectic Paradigm framework and expert interviews with seven key BPKH decision-makers. Expert pairwise comparisons indicate that Location Advantage is the most influential criterion (0.519). Among sub-criteria, Organizational Capability (0.175), Part of the Hajj Ecosystem (0.170), and Market Potential (0.154) rank highest in influence. The analysis of four alternative entry modes shows the following ranking: (1) Sole Ownership (Acquisition) with a score of 68.82; (2) Majority Joint Venture (58.06); (3) Sole Ownership (Greenfield) (57.75); and (4) Minority Joint Venture (52.94). The findings provide a structured model enabling BPKH to make better-informed and accountable international expansion decisions aligned with its mission to optimize hajj fund management for the benefit of Indonesian pilgrims.
The Effect of Import Quotas on the Level of Local Content of Indonesian Manufactured Products Rachmawati, Nurul; Widyawati, Diah
Eduvest - Journal of Universal Studies Vol. 5 No. 10 (2025): Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v5i10.51356

Abstract

The Indonesian government's implementation of import quotas for manufacturing raw materials serves as a strategic policy to enhance domestic industrial capacity and increase the Domestic Content Ratio (DCR). This study investigates the effect of import quota policy on DCR levels, aiming to constrain import flows and encourage import substitution industries. Using a conditional input demand function framework, the analysis evaluates DCR changes resulting from import quota implementation. Panel data from manufacturing industry companies between 2007–2013 indicate that import quotas significantly raise DCR by 6.73 percent in affected sectors. Further estimates confirm a notable DCR increase in industries influenced by the policy. However, findings reveal that domestic and imported raw materials are complementary, implying that the import quota policy does not stimulate genuine import substitution industry growth. This limitation arises from the absence of viable domestic alternatives for manufacturing-grade raw materials. Consequently, while import quotas effectively boost DCR, they fall short in fostering import substitution industrialization. Policy implications highlight that import quota effectiveness is restricted by domestic supply constraints, necessitating complementary measures focused on upstream industrial development and improvement of domestic raw material quality.
The Relationship Between Medication Adherence, Antipsychotic Side Effects, and Quality of Life in Schizophrenia Patients: An Evaluation Using Mars10, Gass, and SQLS Trisnawati, Mariance; Rizki Prima , Sylvia
Eduvest - Journal of Universal Studies Vol. 5 No. 8 (2025): Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v5i8.51368

Abstract

This study aimed to analyze the relationship between medication adherence, antipsychotic side effects and quality of life in schizophrenic patients. A total of 263 respondents participated in this study using three validated instruments: the Medication Adherence Rating Scale (MARS-10), the Glasgow Antipsychotic Side-effect Scale (GASS), and the Schizophrenia Quality of Life Scale (SQLS). The results of the analysis showed a very significant positive correlation between medication adherence and patient quality of life (r = 0.808; p = 0.000). In contrast, no significant association was found between antipsychotic side effects and adherence (r = -0.003; p = 0.956) or quality of life (r = -0.028; p = 0.649). The three instruments used showed high reliability with Cronbach's Alpha values of 0.941 (MARS-10), 0.970 (GASS), and 0.981 (SQLS), respectively. These findings confirm the importance of interventions aimed at improving medication adherence as a key strategy in improving the quality of life of schizophrenic patients. Further research recommends for future patient-centered approaches, ongoing education, strong family involvement and therapeutic relationships, as well as the need for social support from other psychosocial factors.
The Impact of Trade Openness, Green Bond Issuance, and Global Shocks on Renewable Energy Consumption in Southeast and South Asia: A Panel Data Analysis Hafidzoh, Qonitatun; Wulandari, Permata
Eduvest - Journal of Universal Studies Vol. 5 No. 8 (2025): Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v5i8.51377

Abstract

The urgent need for energy transition and escalating climate crisis have placed renewable energy at the forefront of policy and investment agendas in developing countries. This study investigates the impact of trade openness, green bond issuance, governance quality, and global shocks on renewable energy consumption in South and Southeast Asia (2016–2022), using quarterly panel data and FMOLS estimation. Results show that trade openness and governance quality significantly promote renewable energy adoption, while green bonds are not significant under normal conditions but become effective during global crises. These findings highlight the need for policies that not only support green energy under stable conditions but also ensure resilience against global disruptions, with green finance serving as a crucial stabilizing tool.
Effective Communication and Conflict Resolution: Family Communication of Millennial Married Couples with Different Cultures Rahmawati, Lusi Satia; Rina, Nofha
Eduvest - Journal of Universal Studies Vol. 5 No. 10 (2025): Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v5i10.51378

Abstract

Cross-cultural marriage in the millennial generation presents unique communication challenges, particularly in managing conflict and fostering family harmony. This study aims to explore how millennial married couples from different cultures develop communication skills for conflict resolution and adaptation. Using a qualitative phenomenological approach, this research involved ten married couples from diverse cultural backgrounds who participated in in-depth interviews. The findings reveal that effective communication skills include adapting to a partner’s communication style, employing empathy-based conflict resolution strategies, and utilizing non-verbal communication to alleviate tension. Face Negotiation Theory serves as the primary framework for understanding how couples adjust their communication to maintain relational balance. Furthermore, couples who prioritize openness, active listening, and effective emotional management tend to exhibit more harmonious and stable relationships. The implications of this study offer valuable insights for cross-cultural couples, marriage counselors, and academics seeking to understand the dynamics of family communication within the context of cultural diversity.
Reimagining Secularism for Indonesia: Contextual Approaches Based on Madjid, Bhargava, Thiemann, and Taylor Thahir, Mustafa Kamil
Eduvest - Journal of Universal Studies Vol. 5 No. 10 (2025): Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v5i10.51385

Abstract

This article explores the feasibility of implementing a contextual form of secularism in Indonesia by synthesizing the ideas of four major thinkers: Nurcholish Madjid, Rajeev Bhargava, Ronald Thiemann, and Charles Taylor. It argues that secularism, particularly in religiously plural societies like Indonesia, should not be understood as the exclusion of religion from the public sphere. Rather, it should be reframed as a political and ethical framework that promotes justice, inclusivity, and democratic coexistence among diverse religious communities. By employing a qualitative-comparative methodology, this paper introduces the concept of “Contextual-Inclusive Secularism” as a normative model that aligns with Indonesia’s socio-religious realities. The article also outlines strategic pathways to foster support for this model among key stakeholders, including the government, academic institutions, religious organizations, and civil society. It concludes that the realization of such a model is attainable within a 15–25 year timeframe, provided that sustained interdisciplinary and collaborative efforts are undertaken across sectors.

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