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International Journal of Application on Economics and Business
Published by Universitas Tarumanagara
ISSN : -     EISSN : 29871972     DOI : https://doi.org/10.24912/ijaeb
Core Subject : Economy, Science, Social,
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences
International Journal of Application on Economics and Business (IJAEB) contains articles on the following topics: Entrepreneurship studies, Business studies, Management studies, Accounting studies, Economics studies
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 51 Documents
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Search results for , issue "Vol. 2 No. 2 (2024): May 2024" : 51 Documents clear
GLOBAL GOVERNANCE AND SUSTAINABLE DEVELOPMENT: THE CASE OF UN’S SUSTAINABLE DEVELOPMENT GOALS Le, Kieu Phuong
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3857-3865

Abstract

The achievement of sustainable development, which is essential for preserving a healthy world for future generations, depends on the implementation of efficient global governance. Traditional, nation-state-focused approaches struggle to address difficulties that cross borders. In contrast, global governance structures facilitate collaboration by establishing frameworks—such as the Sustainable Development Goals established by the United Nations—and unite a wide range of actors—including businesses, governments, and nations—to exchange resources, expertise, and optimal methodologies. This collaborative effort is essential to tackle complex issues like climate change and poverty, ultimately paving the way for a more sustainable future. This paper will discuss the roles and responsibilities of significant actors contribute largely on sustainable development, focusing on the emerging trend of global governance in the international order. By taking the case of UN’s 17 Sustainable Development Goals, key problems for the public sector and private one will be identified and also provide some further suggestions in improving the implementation of sustainable development.
EXAMINING THE DETERMINANTS OF RENEWABLE ENERGY PRODUCTION IN ASEAN COUNTRIES Huy, Khanh Nguyen
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3845-3856

Abstract

This study investigates the determinants of renewable energy production in ASEAN countries, focusing on the factors influencing the transition to sustainable energy sources in the region. By utilizing the panel data from 2000 to 2020 with Pooled OLS, Random Effect model and Fixed Effect model, the research explores the explainatories of renewable energy production in ASEAN. The findings reveal that renewable energy consumption, economic growth and FDI have a positive and significant relationship with renewable energy production, while trade openness and urbanization have significant association with REP. It suggests the importance of suitable policy design to support renewable energy production in ASEAN, emphasizing the role of government-backed energy policies. Overall, this research contributes valuable insights for policymakers and stakeholders in the renewable energy sector, offering guidance for promoting sustainable energy practices and addressing climate change challenges in ASEAN countries.
CENTRAL BANK DIGITAL CURRENCY: LESSONS LEARNT FROM THE SAND DOLLAR Nguyen, Thuy Minh *
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3833-3844

Abstract

This research examines the implemention of the Sand Dollar in the Bahamas and draws several suggestions for policy makers when considering this new type of money in order to achieve the objectives. Besides, this study also provides basic insight into the background of development and motivations for this currency around the world. The study points out that the authorities need to promote more educational programs to introduce and bring more knowledge of the benefits of this currency and re-consider the non-interest bearing feature as it might be less appealing for holders.
THE FACTORS INFLUENCING STUDENTS' SATISFACTION WITH BLENDED TEACHING METHODS IN THE CONTEXT OF INTERNATIONALIZATION OF EDUCATION AT FOREIGN TRADE UNIVERSITY Thanh, Trịnh Ngọc
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3825-3832

Abstract

This study is to determine the factors affecting the students' satisfaction with the blended teaching method, especially in the current international context, making some recommendations to increase the students' satisfaction with the combined teaching method. The research sample is 200 students of Foreign Trade University, using EFA factor analysis to create 4 factors affecting the level of student satisfaction with the teaching method in teaching methods, content of instruction, characteristics of blended learning systems, infrastructure and technology. The research results contribute to help university leaders to consider improving teaching quality and applying information technology to innovate teaching methods in general and English teaching method in particular.
LEVERAGING IDIOSYNCRATIC RISK TO SUPPORT SUSTAINABLE DEVELOPMENT GOALS (SDGS) AND ITS IMPACT ON ECONOMIC GROWTH AT ASEAN COUNTRIES Asri, Marselinus; Tunjungsari, Hetty Karunia; Tongli, Bernadeth
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3810-3824

Abstract

This study investigates the dynamics between economic growth and key determinants, Sustainable Development Goals (SDGs) related to poverty reduction (SDG 1) and affordable clean energy (SDG 7), as well as Idiosyncratic Risk, in ASEAN countries. Utilizing regression analysis, the research uncovers intriguing insights into these relationships. The findings reveal a significant positive association between Idiosyncratic Risk and economic growth, indicating that higher levels of idiosyncratic risk are linked with greater economic activity and innovation. However, the analysis suggests that SDG 1 (No Poverty) initiatives do not directly impact economic growth within the model's framework, highlighting the need for further exploration of indirect effects. Additionally, the promotion of SDG 7 (Affordable Clean Energy) exhibits a statistically significant but negative relationship with economic growth, possibly due to initial investments in clean energy infrastructure. These findings underscore the complex interplay between sustainable development goals, idiosyncratic risk, and economic growth in the ASEAN region, offering valuable insights for policymakers and stakeholders aiming to foster inclusive and sustainable economic development.
BUILDING BRIDGES THROUGH PLAY: AN INVESTIGATION INTO MONOPOLY GO! AS CATALYST FOR YOUTH SOCIAL INTERACTION Jaya , Joana; Low, A. N.; Vasudevan, Asokan; Hashim , Haryati
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3801-3809

Abstract

This study investigates how young people's social life are impacted by Monopoly Go! in the context of digital gaming. With the goal of analysing the game's communication elements, engagement reasons, and social repercussions, it fills knowledge gaps about the societal ramifications of digital games on social interaction. The literature study examines the evolution of Monopoly Go! from a classic board game to a mobile app, emphasising the game's ability to foster social connections even when players are separated by great distances. Through qualitative techniques including content analysis and in-depth interviews, the study looks into how the game affects young people's social connections. The game's ability to start talks, bring friends back together after the pandemic, and encourage peer influence and teamwork motivations is demonstrated by the findings. On the other hand, disputes that occur during in-game exchanges and the impact of in-game item commercialization on fair play are causes for concern. Future study should diversify its participant pool, ethical norms for community behaviour should be put in place, and the effects of commercialization on social dynamics inside gaming communities should be investigated. These revelations provide light on the intricate social dynamics, interpersonal relationships, and moral dilemmas present in online gaming environments.
COLLABORATIVE EFFORTS IN SCIENCE AND TECHNOLOGY WITHIN HIGHER EDUCATION INSTITUTIONS INSIGHTS AND REFLECTIONS Hoang, Quyen Minh
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3793-3800

Abstract

In today's era of extensive international integration, collaboration in the realm of education and science and technology is undeniably essential within higher education establishments. Specifically, both bilateral and multilateral cooperative efforts in science and technology are being increasingly highlighted and encouraged in various forms. This article delves into the landscape of scientific and technological collaboration within higher education institutions, exploring the frameworks, experiences, and lessons learned from various perspectives. The development of science and technology stands as a cornerstone in the global integration agenda, with nations around the world emphasizing the importance of diversified and multilateral cooperation. Vietnam, in its pursuit of scientific excellence and technological prowess, has embraced international integration schemes and policies aimed at enhancing cooperation and investment in the realm of science and technology. This commitment is reflected in governmental decisions, policies, and strategic plans that underscore the significance of collaboration in research, development, and knowledge dissemination. Furthermore, international experiences, particularly from countries like Germany, the Czech Republic, Sweden, and China, offer valuable insights into different models of collaboration between higher education institutions, businesses, and research entities. These models encompass a spectrum of activities ranging from institutional exchanges, student programs, and scientific workshops to in-depth research partnerships and technology transfer initiatives. The article also delves into regional collaboration experiences, highlighting exemplary institutions such as Hanoi National University and the University of Labor and Social Affairs, showcasing their achievements, policies, and strategic initiatives in fostering collaborative endeavors in science and technology. Through case studies and analysis, we aim to extract lessons, best practices, and recommendations that can further enhance collaborative frameworks, communication channels, and resource utilization in the pursuit of scientific advancements and technological innovations. By examining the intersection of academia, industry, and international partnerships, this article aims to contribute to the ongoing discourse on effective strategies for promoting collaboration, knowledge exchange, and technology transfer within higher education ecosystems.
EXPLORE THE ROLES OF FEMALE ENTREPRENEURSHIP IN PROMOTING ECONOMIC GROWTH IN ASIA: A PANEL DATA ANALYSIS Binh, Hoang Xuan; Pham, Huong-Giang; Nguyen, Khanh Ly T.
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3780-3792

Abstract

In Asia, there has been a notable surge in the representation of women in leadership roles and entrepreneurial endeavours, aligning with the increasing acknowledgement of women's importance in politics and the economy. It is predicted that the future development and economic prosperity of Asia will heavily rely on the advancement of female entrepreneurship and empowerment. This research aims to provide empirical evidence on the correlation between female entrepreneurship and economic advancement within the diverse landscape of Asia context, using panel data spanning from 1998 to 2021 across 47 Asian countries. The findings of fixed-effect regression reveal a consistently positive association between women's entrepreneurial activities and economic progress across all Asian economies, encompassing both developed and developing nations. These findings are pivotal for crafting tailored policies aimed at enhancing female participation in entrepreneurship, thereby catalyzing economic growth and advancing towards the most potential in terms of socio-economic conditions.
THE ANTECEDENTS OF COFFEE SHOP CUSTOMERS’ SATISFACTION (A CASE STUDY ON ‘KOPI KENANGAN’ OUTLET IN WEST JAKARTA, INDONESIA) Ruslim, Tommy Setiawan; Sukaman, John Victorino; Siswanto, Halim Putera; Saktiana, Galuh Mira
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3772-3779

Abstract

A phenomenon of the popular and rapid development in coffee shops in Indonesia has driven an increasingly fierce competition among business actors in this industry. The purpose of this research was to examine the effects of coffee quality, service quality, and perceived price on the satisfaction of ‘Kopi Kenangan’ customers in West Jakarta, Indonesia. The samples of this study were 302 customers of ‘Kopi Kenangan’ outlet at Citraland Mall in West Jakarta. Data was processed in this study using SmartPLS version 3.2.9. As the results of this research, coffee quality, service quality, and perceived price partially has a positive and significant effect on the satisfaction of ‘Kopi Kenangan’ customers at Citraland Mall outlet in West Jakarta. This finding can be expected to help business owners in formulating the ideal marketing strategies in the future.
THE IMPACT OF CORPORATE GOVERNANCE AND BOARD CHARACTERISTICS TOWARD FIRM VALUE OF BUMN COMPANIES Audrey, Angela; Lukman, Hendro; Sriwati , Sriwati
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3759-3771

Abstract

Since 2014, there has been a massive increase in infrastructure development. The interesting thing about this industry is a decrease in the share price of these companies, especially state-owned companies that are mostly working on the infrastructure development. According to this phenomenon, a study was conducted to determine the effect of corporate governance and the characteristics of the board of directors on firm value which is a reflection of value of share in the market price. The characteristics of the board of directors consist of age, gender, tenure, and educational background. The audit committee, independent commissioners, and the board of commissioners are proxies for corporate governance. The data used are state-owned infrastructure companies listed on the Indonesia Stock Exchange from 2015-2022. The number of companies is 8 companies. The analysis uses multiple regression analysis, and they processed with Statistical Product and Service Solution (SPSS version 29). The results of this study indicate that the audit committee, age of directors, and educational background of directors have a significant effect on firm value. Meanwhile, the independent commissioners, board of commissioners, gender of directors, and tenure of directors do not affect firm value. The conclusion is that the role of the audit committee and the age and education of the board of directors play an important role in firm value. This study implies that the selection of the audit committee and the age and educational background of board members are the prominent focus of recruitment in a company to increase firm value.

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